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TMI BlogValuationX X X X Extracts X X X X X X X X Extracts X X X X ..... Valuation X X X X Extracts X X X X X X X X Extracts X X X X ..... manufactures the Electric Goods which are tailor-made in nature and manufacture as per the end user's requirement . Under this ABC company, there are many subsidiary, associate Companies and also h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ave some Joint Ventures. This ABC is getting Orders from group companies as well as subsidiary/associate/JV companies. Also from the independent buyer. Kindly guide us on the Type of Valuation to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adopted for Subsidiary/Associate/JV & group companies Reply By Rama Krishana: The Reply: In general in taxation instead of the term "group companies" the concept, "related parties" or "associted pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rties" are being used. Under differnent tax laws differnt valuation methods have been prescribed. For an example, under central exicse, Rule 9 and Rule 10 of the Central Excise Valuation (Determinatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n of Price of Excisable goods) Rules, 2000 provide methods of valuation when sale is made to related parties or through interconnected undertakings. Reply By ANAND SHEMBEKAR: The Reply: This is a re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lated party transactions I think value for the purpose should 110% of Cost of Production as per CAS 4 issued by Institute of Cost and Works Accountants of India X X X X Extracts X X X X X X X X Extracts X X X X ..... g ..... X X X X Extracts X X X X X X X X Extracts X X X X
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