Valuation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 December 2013 whether branch is covered under the definition of inter connected unit.... we make sale to branch at lower value to evade excise duty and than from branch goods are sold at full value...what will be the assessable value

Arun Kumar Singh

Arun Kumar Singh (Expert)
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24 December 2013 After the payment of excise duty you cannot do the value addition from the branch office. If you have to pay the duty on value addition then no problem.

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Querist : Anonymous

Querist : Anonymous (Querist)

25 December 2013 sir ji i want to know whether they can pay excise duty at lower value....because they are inter connected unit and mutual interest bhi to hoga...and in this case as per rule no 9 of valuation duty is payable on 2nd sale valu

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