Advertisement and sales promotion

Expencess incurred by the manufacture

(incurred by dealer/distributer, if done
on his own, are not to be included)
xxx
pre delivery inspection (PDI)
(note: if PDI is not part of contract of
sale expences is incurred by the
buyer ,
then it is not included )
xxx
commission to selling agent for the
services rendered by them
xxx

 essential parts of goods without

which
the excisable goods cannot function
xxx
dharmada charges
amount

(it is the

collected by the seller & spent for

charitable purpose)
xxx
note : if statutary provisions not
included)
free supply during warranty period
xxx
transportation and insurance to the

place of removal
xxx
____
Xxx
Less: exclusions
If the following are included in the invoice
Price

Excise duty on finished products

xxx
Sales tax, turnover tax, additional
sales
Tax purchase on sales tax
xxx

 Erection, installation and

commissioning
(if these costs are incurred to bring in to
Existence some immovable property)
xxx
Freight: delivery to the buyer from
factory
Gate/depot, freight & transit insurance
Is not included
xxx
Profit made by dealer
xxx

Format for calculating assessable

value
Particulars
rs
price Invoice or sales value
xxx
Add : if the following are not included
in the above
Packing charges
Primary, secondary or special
xxx
Reusable container(glass botteles)
If cost has not been amortised
xxx
Rental charges or cost of
maintenance

Of reusable metal containers like gas

Cylinders
xxx
Cost

of containers supplied by

Buyers
xxx
Durable & returnable packing
(only amortised value if any)
xxx xxx
Design & engineering charges
(for the purpose of manufacture
Or sales)
xxx
Consultancy charges

(in relation to pre installation

Planning layout design )
It is by reason of sale
xxx
Loading and handling charges
(within the factory are included
however
Incurred by a buyer of the assessee on
His own account & not on behalf of
Seller is not included)
xxx
Royalty charged in franchise
agreement
xxx

 Advance authorisation surrendered

in
Favour of seller by or on behalf of
Buyer to manufacturer/assessee
xxx
Free after sale service/warranty
For both optional or mandatory
(in case of optional warranty, if
buyer does not opt for warranty, and
does not pay amount then it is
not included)
xxx
all forms of discount
xxx
bank

charges for collection of sale

proceeds
xxx
delayed payment charges
xxx
interest on advances from customers
xxx
octroi
xxx
deemod export incentives earned
on goods supplied
xxx

 subsidy/rebate obtained by
assessee
xxx
price of accessories and optional
bought
xxx xxx
transaction value or assessable value
xxx