Cars Valuation for Self-Use: Rule 8 Not Applicable, Use Rule 11 with Rule 4 for Accurate Cost Assessment.

Cars Valuation for Self-Use: Rule 8 Not Applicable, Use Rule 11 with Rule 4 for Accurate Cost Assessment. https://www.taxtmi.com/highlights?id=27004 Valuation - determination of cost of production of goods manufactured by another unit - cars manufactured by assesse for their own use - Rule 8 is not directly applicable and it would be more appropriate to determine the value under Rule 11 read with Rule 4 and the assessee has paid the duty correctly. - AT en-us Thu, 21 Jan 2016 19:01:38 +0530 Thu, 21 Jan 2016 19:01:38 +0530 TaxTMI RSS Generator Cars Valuation for Self-Use: Rule 8 Not Applicable, Use Rule 11 with Rule 4 for Accurate Cost Assessment. https://www.taxtmi.com/highlights?id=27004 Valuation - determination of cost of production of goods manufactured by another unit - cars manufactured by assesse for their own use - Rule 8 is not directly applicable and it would be more appropriate to determine the value under Rule 11 read with Rule 4 and the assessee has paid the duty correctly. - AT Highlights Central Excise Thu, 21 Jan 2016 19:01:38 +0530 https://www.taxtmi.com/highlights?id=27004