Assessable value


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 December 2011 Dear Sir,
iam filing e-return (er-1)for biris manufactures.
iam facing problem in column 3 of the form er-1.
8 digit CETSH NO.: 24031031
Des. of goods: Handmade biris
unit of qty. : U (NO.)
Open bal. : 147600
qty manufactured: 708000
qty. cleared: 620000
cl. bal: 235600
assessable value: (suggest me how i calculate)
type of clearence: (suggest me what i write)
if the assessee sold his biris at local city only.
total sale of the months is rs. 105315.
total duty for the month is depoisted rs 8941.

thanks a lot.

13 December 2011 Assesable value is the cost of goods INSURANCE & FREIGHT VALUE(PLUS) 1% LANDING RATE.

FOR YOUR EXPLAINING PLEASE READ THE LINK IS:

https://www.cybex.in/indian-custom-duty/Paper-Rolled-Biris-Manufac-Tured-Duty-Calculator-24031031.aspx



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