Lucky an importer imported some goods for subsequent sale in India at $ 12,000 on assessable...
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Lucky an importer imported some goods for subsequent sale in India at $ 12,000 on assessable value basis. Relevant exchange rate and rate of duty are as follows - Particulars Date of submission of Bill of Entry Date of Entry inwards granted to the vessel Date 18th June 20XX 4th August 20XX Calculate assessable value and customs duty in Indian rupee. Assume IGST - 18% Exchange rate Rate of Basic Customs declared by CBIC 60 /USD 60.25 /USD Duty 10% 12% Lucky an importer imported some goods for subsequent sale in India at $ 12,000 on assessable value basis. Relevant exchange rate and rate of duty are as follows - Particulars Date of submission of Bill of Entry Date of Entry inwards granted to the vessel Date 18th June 20XX 4th August 20XX Calculate assessable value and customs duty in Indian rupee. Assume IGST - 18% Exchange rate Rate of Basic Customs declared by CBIC 60 /USD 60.25 /USD Duty 10% 12%
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International Business Law And Its Environment
ISBN: 9781305972599
10th Edition
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
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