We have a dealer. From our manufacturing unit to dealer we are doing STOCK TRANSFER.In manufacturing unit we put Assessable value for a certain item 4000 and also put Excise duty (ie 10%, 2% and 1%) so after that the assessable value is become 4412. Now if our dealer put Assessable value 4412 + VAT then we have to pay any differential excise duty? Or our dealer should put assessable value 4000 + VAT. Kindly conform me With thanks Rd
CAclubindia
