TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Excise Valuation Rules: Transportation Costs and Notional Interest Excluded from Transaction Value in Rules 5 and 6.</h1> The Central Government has amended the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000, effective from the date of publication in the Official Gazette. The amendment modifies Rule 5 to define the transaction value of excisable goods as excluding transportation costs from the place of removal to the place of delivery. Rule 6 is also amended to clarify that no notional interest on advance payments will be added to the transaction value unless evidence shows that the advance influenced the pricing. Illustrations are provided to explain the application of these rules.
TaxTMI 
TaxTMI 
