Amortized Tool Value Excluded from Finished Goods Valuation Per CBEC Circular No. 47/21/2018 Under GST Rules.

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....Valuation - inclusion of amortized value of the tool received on FOC basis from the customer in assessable value - CBEC circular No. 47/21/2018 - The amortized value of the tool received on FOC basis from the customer is not required to be included in the value of finished goods manufactured and supplied by the applicant to the customer.....