Assessable amount
This query is : Resolved
24 June 2013
Dear Sir,
Please tell me how to count Assessable amount from Bill Of Entry of Import.
Please tell me how to count Assessable amount from Bill Of Entry of Import.
25 June 2013
assessable value = invoice value+1%landing charges
Must read:
https://www.cybex.in/indian-custom-duty/Horses-Duty-Calculator-01011010.aspx
Must read:
https://www.cybex.in/indian-custom-duty/Horses-Duty-Calculator-01011010.aspx
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25 June 2013
Thanks Dear........ But also want to know that the CIF Value either we have to take from Invoice or from Bill of Entry........ What is the accurate process to count CIF Value.......
25 June 2013
import invoice value * exchange rate *1% landing =ASSESSABLE VALUE.
CIF price or CIF value refers to the price actually paid or payable to the exporter for the good when the good is loaded out of the carrier, at the port of importation. The price value includes the cost of the good, insurance and freight necessary to deliver the good to the named port of destination;
CIF price or CIF value refers to the price actually paid or payable to the exporter for the good when the good is loaded out of the carrier, at the port of importation. The price value includes the cost of the good, insurance and freight necessary to deliver the good to the named port of destination;
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28 June 2013
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