Method of Valuation - prototype vehicles - goods cleared from ...

Central Excise

November 10, 2021

Method of Valuation - prototype vehicles - goods cleared from the factory on payment of duty under self invoice on the comparable value of the similar vehicle applying Section 4(1)(b) of Central Excise Act, 1944 and Rule 4 of Central Excise Valuation Rules, 2000 - the value determined under Rule 4 of the Central Excise Valuation Rules, i.e. price of comparable goods shall apply, accordingly, the valuation arrived by the appellant in the facts of the present case is correct and legal. - AT

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Method of Valuation - prototype vehicles - goods cleared from ...

Central Excise

November 10, 2021

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