LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

central Excise valuation Rule

(Querist) 14 May 2011 This query is : Open 
sir, pls solve my confusion.

on 1.1.2011 Mr x sold final product to her wife, Mrs. X at Rs.1000/- per kg

Mrs. X sell all goods purchased from his husband to his son Mr Y. Mr. Y sells these goods in retail market.

Mrs. X sold the goods to Mr.Y as follows:
on 1.1.2011----@ 1500/-
on 15.1.2011----@ 2000/-

goods purchased on 1.1.2011 are sold by Mrs X to his son on 15.1.2011.

My confusion is that
what is the Assessable value of good sold by Mr. X to her wife Mrs. X on 1.1.2011?
whether 1500/- or 2000/-.

Thank U for your help.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :