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Can Purchase value and Assessable value be different?

April 26, 2017ASSESSABLE different purchase value

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Can Purchase value and Assessable value be different?

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Yes. While creating an Excise Purchase Invoice, at the Excise Details for sub-screen, the Assessable value entered in the amount column is prefilled by default. However, it is undefinable if the Assessable Value is different from the Purchase value.