How define the assessable price in IL Inter Organization transfer
Hi,
How define the assessable price in IL Inter Organization transfer
Our Case
We are manufactured the vaccine in our factory and our distribution channel is across India.
We have separate go-down across India and transfer the vaccine and keep it.
If any sales in that state we will dispatch the same from our go-down.
These vaccines are exciseable under excise act, hence excise duty is applicable while transfer and
sales these vaccines.
The excise duty is applicable only for 65% of the MRP price.
We have no issue to deduct the excise duty at the time of sale to customers.