[aaykarbhavan] Fw: Changes in Excise Valuation [1 Attachment]

On Saturday, 30 November 2013 12:01 PM, CA. VMV SUBBA RAO <vmvsrao@gmail.com> wrote:

CE :- The Rule 8, 9, 10 of CEVR,2000 now covers the cases even where the part of excisable goods are captively consumed. Hence even in case of those partly captively consumed goods, the 110% clause shall be applicable. It is important to note that previously it covered only those cases where the whole of excisable goods were captively consumed.

 

Similarly amendment is also made in Rule 9 & 10 which governs the valuation in case of related parties / Interconnected Undertakings.

 

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Best Wishes

CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
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Andhra Pradesh
India
Mobile:+91 - 0 9390221100
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e-Mail: vmvsr@rediffmail.com
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http://pdicai.org/MyPage/203038.aspx

http://vmvsraoco.icai.org.in/

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