Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Insertion of capital goods in Input definition

Central Excise - Started By: - arbs sarma - Dated:- 20-4-2016 Last Replied Date:- 22-4-2016 - Sirs, In the recent budget input definition under CCR, 2004 was amended and a new clause (v) is inserted in rule 2(k) i.e., input means all capital goods having value upto 10000 rupees per piece. query: CG having value upto 10000 per piece means is it the assessable value or the invoice value (i.e., value including all taxes) - Reply By KASTURI SETHI - The Reply = Invoice value. - Reply By Rajagopalan R .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r, I can assume that Sh. Ranganathan, Sir, may be right. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Shri Rajagopalan. - Reply By surya narayana - The Reply = Dear Friend ,In my view it is the Assessable value/Transaction value of the piece and not the invoice value.The word indicated in the Rule is Value and not the cost to consider invoice value.Best RegardsSuryanarayana - Reply By arbs sarma - The Reply = Thank you sirs for expressing your views. - Reply By Ganeshan .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version