Assessable value

This query is : Resolved 

18 July 2014 i heard that excise duties will be Caluclated on assessable value ?

how they will decide assessable value is this much for particular item...?

on which basis they will decide assessable value.

18 July 2014 Assessable value is the transaction value of the goods.

22 July 2014 Assesable Value is cost of goods i.e. it is material cost + non cenvatable portion of taxes + freight/other charges + sale tax (if no input credit admissible).




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