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Central Excise - Valuation - Suggestion to fix Notional Profit - Regarding
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.... - Suggestion to fix Notional Profit - Regarding. As per the rule 6(b)(ii) of the Central Excise (Valuation) Rules, 1975, assessable value of goods consumed captively is determined by adding a reasonable margin of profit to the cost of manufacture. Lately, suggestion has been made from several parties to amend the rule 6(b) (ii) by fixing a uniform percentage of profit margin. 2. You are request....