Taxation · Central Excise
What is meant by 'transaction value' under central excise law?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Average market price
- 2Actual price paid or payable between unrelated parties✓
- 3Maximum Retail Price (MRP)
- 4Government-fixed price
Correct answer
Actual price paid or payable between unrelated parties
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