Can u please tell me in the following case valuation for levy of excise goods falls under which provisions of valuation rules of Central Excise valuation Rule, 2000? rule 9 or rule 11? Manufacturer (Assessee)sells excisable goods to related person who in turn sells it to a related wholesale dealer.
Is rule 9 covers only 2 situations? ie. 1)Manufacturer sells to related person who in turn sells to UNRELATED buyer. 2) Manufacturer sells to related person who in turn sells to RELATED RETAIL dealer.
31 December 2010
Rule 11 is applicable when manufacturer sells goods to related person who in turn sells to a related wholesale dealer...
please also note that rule 9 is applicable when ALL the goods manufactured are sold to related person who in turn sees either to unrelated buyer or related retailer.
CAclubindia
