Assessable value in excise sale invoice

JC Kumar (Others) (32 Points)

16 July 2015  

Hi,

We are an importer and passing CENVAT (CVD+ ADI) to our customers.  We have some confusion on assessable value.  We understand that assessable value mentioned in Bill of Entry is CIF value + 1%

But we don't know how to derive assessable value in Excise sale invoice.

Can anyone explain what should be assessable value mentioned in Excise Sale Invoice ?

Thanks & Regards,

JC Kumar

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