<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Central Excise - Valuation - Suggestion to fix Notional Profit - Regarding</title>
    <link>https://www.taxtmi.com/circulars?id=6793</link>
    <description>The circular addresses valuation of goods consumed captively under rule 6(b)(ii) of the Central Excise (Valuation) Rules, 1975, which requires adding a reasonable profit margin to cost of manufacture. It notes proposals to fix a uniform statutory profit percentage and requests officers to report on unit details, valuation method used (comparable price or cost-plus), historic cost and profit percentages, sector classification, basis for margins, comparable prices where relevant, estimated sellable profit, and suggestions for industry-specific statutory profit rates for captive-consumed excisable goods.</description>
    <language>en-us</language>
    <pubDate>Tue, 25 Jul 1989 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 08 Jul 2009 13:53:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=261060" rel="self" type="application/rss+xml"/>
    <item>
      <title>Central Excise - Valuation - Suggestion to fix Notional Profit - Regarding</title>
      <link>https://www.taxtmi.com/circulars?id=6793</link>
      <description>The circular addresses valuation of goods consumed captively under rule 6(b)(ii) of the Central Excise (Valuation) Rules, 1975, which requires adding a reasonable profit margin to cost of manufacture. It notes proposals to fix a uniform statutory profit percentage and requests officers to report on unit details, valuation method used (comparable price or cost-plus), historic cost and profit percentages, sector classification, basis for margins, comparable prices where relevant, estimated sellable profit, and suggestions for industry-specific statutory profit rates for captive-consumed excisable goods.</description>
      <category>Circulars</category>
      <law>Central Excise</law>
      <pubDate>Tue, 25 Jul 1989 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=6793</guid>
    </item>
  </channel>
</rss>