Millionaire Mode

Valuation of Goods

Question 1 of 15

What is the primary objective of valuation of goods under the Central Excise Law?

  1. To determine the assessable value of goods for the purpose of levying excise duty.
  2. To ensure uniformity in the valuation of goods across different regions.
  3. To protect the interests of both the government and the taxpayers.
  4. All of the above.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000