Saturday, November 17, 2018

Ball bearings couldn't be considered for assessment on MRP basis

GST/Excise & Customs: Where assessee had cleared ball bearings to retail sellers on payment of duty on basis of transaction value and not on basis of MRP value given on packing of such clearances, since ball bearings were not included under relevant Notifications issued under section 4A, same could not be considered for assessment on basis of MRP value

from www.taxmann.com Latest Case Laws https://ift.tt/2Frz76f

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