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Querist : Anonymous

Querist : Anonymous (Querist)

04 February 2015 How to calculate Assessable Value
My Net Amount including Excise Duty is 1344005 but how do i calculate the assessable value the excise duty rate is 12%

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

04 February 2015 formula for Assesable Value(AV)=

CIF Value + Landing Charges (@1% of CIF Value)

if you tell me CIF value i will calculate.

you can right now calculate i am posting following link:

https://www.eximguru.com/calculator/calculatecustomduty.aspx?1=7.5&2=0&3=16.32&4=4&hscode=8440

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

04 February 2015 But sir Bill is of Excise Duty not of Custom Duty so how to calculate

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

04 February 2015 i am posting following link :

https://www.indiataxes.com/Information/Excise/Valuation_of_Goods/Excise_duty_on_Assessable_value.htm

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