Transaction value & valuation rule
This query is : Resolved
12 September 2011
We are selling dutiable goods to all major auto OEM under bills discounting procedure.
We are mentioning the discount amount on the invoice.
My query is duty is charged on the basic value or on the discounted value.
If possible kindly give me the rule details.
Thanks,
We are mentioning the discount amount on the invoice.
My query is duty is charged on the basic value or on the discounted value.
If possible kindly give me the rule details.
Thanks,
13 September 2011
assessable value on excise invoice should be net after discounts,
Message likes :
1 times
13 September 2011
Thank you very much
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