Central Excise Valuation (Determination Of Price Of Excisable Goods) Rules, 2000

Chapter 1

Preliminary

2.  Definitions

In these rules, unless the context otherwise requires,-

(a) "Act" means the Central Excise Act, 1944 (1 of 1944);

(b) "normal transaction" means the transaction value at which the greatest aggregate quantity of goods are sold;

(c) "value" means the value referred to in Section 4 of the Act;

(d) words and expressions used in these rules and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.

 

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