TaxTMI 
TaxTMI 
TaxTMI 
Valuation
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....aluation<br> Query (Issue) Started By: - Mangesh Lokre Dated:- 6-9-2010 Last Reply Date:- 10-2-2011 Central Excise<br>Got 2 Replies<br>Central Excise<br>Suppose, ABC is one of the Group Companies who ....
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....manufactures the Electric Goods which are tailor-made in nature and manufacture as per the end user's requirement . Under this ABC company, there are many subsidiary, associate Companies and also ha....
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....ve some Joint Ventures. This ABC is getting Orders from group companies as well as subsidiary/associate/JV companies. Also from the independent buyer. Kindly guide us on the Type of Valuation to be ....
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....adopted for Subsidiary/Associate/JV & group companies Reply By Rama Krishana: The Reply: In general in taxation instead of the term "group companies" the concept, "related parties" or "associted par....
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....ties" are being used. Under differnent tax laws differnt valuation methods have been prescribed. For an example, under central exicse, Rule 9 and Rule 10 of the Central Excise Valuation (Determination....
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.... of Price of Excisable goods) Rules, 2000 provide methods of valuation when sale is made to related parties or through interconnected undertakings. Reply By ANAND SHEMBEKAR: The Reply: This is a rel....
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....ated party transactions I think value for the purpose should 110% of Cost of Production as per CAS 4 issued by Institute of Cost and Works Accountants of India<br> Discussion Forum - Knowledge Sharing....
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