Goods sold to relate person-taxability

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..... Goods sold to relate person-taxability
Query (Issue) Started By: - Pradeep Dongre Dated:- 22-3-2013 Last Reply Date:- 30-3-2013 Central Excise
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Central Excise
Sir, One Ltd. .....

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..... Company sells goods to its other unit.Naturally the goods sold are chargeable to duty at 110% of value. How to compute this, what price to be relied for computing taxable value. Reply By Pradeep Khat .....

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..... ri: The Reply: Please refer Cost Accounting Standard -4 (CAS -4) in this regard. Reply By DIVYESH PANDYA: The Reply: RULE 8. Where the excisable goods are not sold by the assessee but are used for .....

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..... consumption by him or on his behalf in the production or manufacture of other articles, the value shall be one hundred and ten per cent of the cost of production or manufacture of such goods.
Disc .....

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..... ussion Forum - Knowledge Sharing .....

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