https://www.taxtmi.com/article/detailed?id=6665 IDSC/ICNC debit notes raised to reconcile intra group invoice values with market prices are notional segment reporting adjustments and cannot be added to raw material cost for computing assessable value for captive consumption. The valuation regime distinguishes value (the duty base) from cost (actual production expenditure), so corporate overheads, deemed profit elements and notional mark ups used for internal or transfer pricing purposes are excluded from production cost unless they reflect real expenditures. en-us Mon, 08 Feb 2016 13:19:21 +0530 Mon, 08 Feb 2016 13:19:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6665 IDSC/ICNC debit notes raised to reconcile intra group invoice values with market prices are notional segment reporting adjustments and cannot be added to raw material cost for computing assessable value for captive consumption. The valuation regime distinguishes value (the duty base) from cost (actual production expenditure), so corporate overheads, deemed profit elements and notional mark ups used for internal or transfer pricing purposes are excluded from production cost unless they reflect real expenditures. Articles Central Excise Mon, 08 Feb 2016 13:19:21 +0530 https://www.taxtmi.com/article/detailed?id=6665