transaction value for excisable goods cleared to depot.

[Asked by Guest]

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

AI Summary

Transaction value at depot determines assessable value; transport costs included if depot is place of removal.
Assessable value for goods transferred to a depot is the normal transaction value at the depot at or about the time of removal; if no depot sales occur on that date, the nearest date's depot transaction value applies. If the depot is the place of removal, transportation and handling costs from the factory to the depot must be included in valuation; where the price is expressed for delivery elsewhere, transportation costs may be excluded in accordance with valuation rules and departmental guidance.