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Valuation - Rules

Service Tax (Legacy) 1523 views 2 replies
Hi

I've doubt on Valuation

Rule 4  
Rule 6  Price is not Sole Consideration  

Rule 9 Sale only to or through Related Person Not Being Inter Connected Undertaking

1 ) If the assessee sell goods only to or through
2) His Relative , A distributors and relative or sub distributors of such a distributor,
3) A buyer i a situation where the assee and the said buyer is in the same business of each other

Will u pls explain with example of all these Rules

Swaminathan S
Swami1976 @ gmail.com

Replies (2)
Dear The One,

Will u pls explain

Rgds
Swaminathan S

Dear please refer attached RTP for Nov 08 Ques 1

please refer rule 10, the transaction value should be determined as per rule 9,

if interrelated company/persons are also related in terms of Section 4(3)(b) (ii),(iii), (iv), if there is no relation as stated above, it will be treated as normal sale.

Sandeep K.

 

 


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