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Central Excise - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

Valuation/calculation of Excise duty - the sales tax concession ...

Central Excise

January 2, 2024

Valuation/calculation of Excise duty - the sales tax concession retained by the assesses is required to be added in the assessable value for the purpose of levy of Central Excise duty. - However, the same is to be included in the transaction value but not in the MRP based value - Demand confirmed for the normal period of limitation only - AT

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