Home Acts & Rules Central Excise Rules Central Excise Valuation (Determination of Price of Excisable goods) Rules, 2000 This
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Rule 7 - Sale through depost, premises of a consignment agent or any place or premises - Central Excise Valuation (Determination of Price of Excisable goods) Rules, 2000Extract 7. Where the excisable goods are not sold by the assessee at the time and place of removal but are transferred to a dept, premises of a consignment agent or any other place or premises (hereinafter to as "such other place") from where the excisable goods are to be sold after their clearance from the place of removal and where the assessee and the buyer of the said goods are not related and the price is the sole consideration for the sale, the value shall be the normal transaction value of such goods sold from such other place at or about the same time and, where such goods are not sold at or about the same time, at the time nearest to the time of removal of goods under assessment.
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