Assessable value
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 February 2011
How to calculate A.V.?
Example:
Invoice Value euro 1800
CIF Cost euro 130
1 Euro = INR 62.95
CUSTOMS DUTY 23.8948%
Kindly let me know what will be the A.V. amount to be appear at Bill of Entry?
Example:
Invoice Value euro 1800
CIF Cost euro 130
1 Euro = INR 62.95
CUSTOMS DUTY 23.8948%
Kindly let me know what will be the A.V. amount to be appear at Bill of Entry?
RAMESH KUMAR VERMA
(Expert)
02 February 2011
DEAR ANONYMOUS,
ASSESSABLE VALUE =
(A) INVOICE VALUE*(B)EXCHANGE RATE+(C) 1%LANDING CHARGES (A+B)
1800*62.95=113310*1%LANDING CHARGES =113310*1/100 =1133.10
ASSESSABLE VALUE WILL BE RS.114443.10
ASSESSABLE VALUE =
(A) INVOICE VALUE*(B)EXCHANGE RATE+(C) 1%LANDING CHARGES (A+B)
1800*62.95=113310*1%LANDING CHARGES =113310*1/100 =1133.10
ASSESSABLE VALUE WILL BE RS.114443.10
RAMESH KUMAR VERMA
(Expert)
02 February 2011
FOR CALCULATION U CAN TAKE CALCULATOR POSTED BY ME .
AFTER ITS IF YOU FOUND ANY DIFFICULTY TELL ME , EMINENT EXPERTS WILL ASSIST YOU.
AFTER ITS IF YOU FOUND ANY DIFFICULTY TELL ME , EMINENT EXPERTS WILL ASSIST YOU.
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