Calculate the cap vale

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Anupam

Anupam (Querist)
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24 January 2014 Hi all
How to calculate the cap value or dbk qty in case of Duty Draw BAck

Thx

Anupam BAli

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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27 January 2014 ASSUMED:
EXPORTED GOODS IN PCS 80
DRAWBACK IS IN (%) =7%
FOB VALUE IN SHIPPING BILL IS =1,25,000

DRAWBACK WILL BE =RS. 8750.00 (125000*7%)=RS.8,750

IF VALE CAP ON THIS ITEM IS =RS.1500 PER PIECE
THEN FOB VALUE WILL BE =1500*80= RS. 1,20,000

THEN DRAWBACK WILL BE RS. 8400
BUT DRAWBACK WILL BE ADMISSIBLE FOR RS. 8,400

ANY QUERY,

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Anupam

Anupam (Querist)
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30 January 2014 THX MR VERMA FOR YOUR KIND ASSISTANCE