central Excise valuation Rule
niranjan
(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.