https://www.taxtmi.com/circulars?id=5766 Amendment expands place of removal to include depots and consignment agents and deems time of removal as clearance from the factory; the sale price at the place of removal is the normal price for excise assessable value, allowing different values by depot. Assessments may be based on the prevailing depot price on the date goods clear the factory, provisional assessment used only if that price is unavailable or fluctuating. Transport and depot expenses form part of the sale price at the place of removal. Job work valuation follows existing Valuation Rules, using comparable price or cost plus notional profit. en-us Mon, 14 Oct 1996 00:00:00 +0530 Sat, 14 Mar 2009 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5766 Amendment expands place of removal to include depots and consignment agents and deems time of removal as clearance from the factory; the sale price at the place of removal is the normal price for excise assessable value, allowing different values by depot. Assessments may be based on the prevailing depot price on the date goods clear the factory, provisional assessment used only if that price is unavailable or fluctuating. Transport and depot expenses form part of the sale price at the place of removal. Job work valuation follows existing Valuation Rules, using comparable price or cost plus notional profit. Circulars Central Excise Mon, 14 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5766