anveshgupta (Student) (94 Points)
16 December 2013
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 16 December 2013
Cleared Qty. | Price | Amount | Reason |
510 | 250 | 127500 | Sec.4(1) central excise act 1944 |
840 | 200 | 168000 | Sec.4(1) central excise act 1944 |
35 | 200 | 7000 | Rule 4 read with rule 2 of Central excise valuation (DPEG) rules 2000 |
A.V. | 302500 |
Bal. stock of 150 unit will be valued at its Transaction value.
Excise Duty = 302500* Excise Duty rate