TMI BlogValuation for captive consumption duty paymentX X X X Extracts X X X X X X X X Extracts X X X X ..... Valuation for captive consumption duty payment X X X X Extracts X X X X X X X X Extracts X X X X ..... f Central Exicse Valuation Rules 2000 has been amended vide Notificaiton No. 6/2003 CE (NT) dt.5.8.2003, wherein the words 'one hundred and fifteen percent' has been substituted by the words 'one hund ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... red and ten percent'. What could be the reason behind this amendment by substitution. Will it be retrospective, atleast upto 1.4.2003. Reply By Pradeep Khatri: The Reply: Normally, the profit is con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sidered @ 10%. Hence, the 110%. it is not retrospective amendment. X X X X Extracts X X X X X X X X Extracts X X X X
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