TMI BlogComputation of assessable value of finished product manufactured out of duty paid inputs on which proforma credit has been availed - Question regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... Dated 6-3-1986 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise Customs, New Delhi Subject : Computation of assessable value of finished product manufactured out of duty paid inputs on which proforma credit has been availed - Question regarding I am directed to invite your attention to the Explanation inserted in sub-clause (ii) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issued under Ministry's F. No. 334/1/82-TRU, dated 27-2-1982. It has been clarified therein that in arriving at the assessable value of the excisable goods, the actual amount of duty required to be paid on the goods under assessment shall be excluded from cum-duty price for purposes of sub-section 4(d)(ii) of Section 4. 3. You are requested to review all the assessments which are inconsistent w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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