https://www.taxtmi.com/forum/issue?id=118513 Exporter of jewellery questioned inclusion of excise duty paid and refunded on bullion in the assessable value for calculating value addition; customs treated the refunded excise as part of assessable value. Exporters must apply the prescribed calculation formula and specified rate of value addition set out in the export policy and procedural handbook when determining value addition for jewellery exports. en-us Mon, 01 May 2023 19:09:53 +0530 Thu, 23 Jan 2025 15:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118513 Exporter of jewellery questioned inclusion of excise duty paid and refunded on bullion in the assessable value for calculating value addition; customs treated the refunded excise as part of assessable value. Exporters must apply the prescribed calculation formula and specified rate of value addition set out in the export policy and procedural handbook when determining value addition for jewellery exports. Discussion-Forum Customs Mon, 01 May 2023 19:09:53 +0530 https://www.taxtmi.com/forum/issue?id=118513