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Indirect taxation-Central Excise Act

(Querist) 18 January 2010 This query is : Resolved 
P ltd sold goods to Q ltd at a value of rs.500 per unit. in turn Q ltd sold the same to r ltd at a value of rs.600 per unit. if p ltd and q ltd are related, where as q ltd and r ltd are unrelated, determine the value on which excise duty is payable..
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tarun goyal (Expert) 05 March 2010
please read section 4 of the Central Excise Act,1944 and Central Excise Valuation Rules 8,9,10.

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