EASYOFFICE
EASYOFFICE

What is the assessable value if rate of duty is nil

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(Querist)
30 May 2013 Dear Sir,

We have started to produce Goods which is excempt from Duty, it is NIL rate , the MRP is Rs.180/- selling price is Rs.85/- in ER1 assesssable value coloum what amount i suppise to mention or is this "0" nil amount.

Regrads,
HN Manjunatha
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
19 June 2013 No need to give the detail of exempted goods in ER-1.

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