res. sir,
if i want to clear excisable goods to depot , in this case please give guidense on which price invoice should be raised when goods are cleared to depot.
is there any particular provision or any rule for making a transaction value for cleared excisable goods to depot.
please give any suggestion or any advice for this case .
regards,
Manan pandya
Guidance on Pricing Excisable Goods: Use Depot's Normal Transaction Value at Removal, Include Transport Costs per Valuation Rules. A query was raised regarding the appropriate pricing for invoicing excisable goods cleared to a depot. The responses provided guidance based on the Central Excise Act and Valuation Rules. It was advised that the assessable value should be the normal transaction value of the goods at the depot at the time of removal from the factory. If no sales occur on that date, the nearest date's transaction value should be used. Transportation costs from the factory to the depot should be included in the valuation, as the depot is considered the place of removal. References to specific sections and rules were suggested for further clarification. (AI Summary)
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