Valuer fee limits: banded percentage schedule and asset aggregation determine permissible valuation fees with a minimum floor. Rule 8C prescribes a banded percentage schedule applied to successive portions of an asset's value to determine maximum fees for a registered valuer; multiple assets required to be valued at the assessee's instance are aggregated and treated as a single asset for fee calculation; if the computed fee under the banded and aggregated calculation is below the prescribed minimum, the registered valuer may charge the stated minimum fee.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Valuer fee limits: banded percentage schedule and asset aggregation determine permissible valuation fees with a minimum floor.
Rule 8C prescribes a banded percentage schedule applied to successive portions of an asset's value to determine maximum fees for a registered valuer; multiple assets required to be valued at the assessee's instance are aggregated and treated as a single asset for fee calculation; if the computed fee under the banded and aggregated calculation is below the prescribed minimum, the registered valuer may charge the stated minimum fee.
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