12 August 2008
Hai friends, Can please anyone tell me at what rate of duty should i assess for Basic customs duty and CVD for these two goods : The under mentioned goods are imported : 1. Micro motors - Value in FOB 10,000$. 2.Soldering Irons and Guns - Value in FOB 5000$. other factors, Air freight 400$. Rate of exchange 1$=Rs.50. Customs duty - 10% Advalorem, CVD - 16% Advalorem. Education cess as applicable. Effective rate of duty on Soldering irons and guns through a customs notification is 5%.
16 August 2008
Hai friends, Can please anyone tell me at what rate of duty should i assess for Basic customs duty and CVD for these two goods : The under mentioned goods are imported : 1. Micro motors - Value in FOB 10,000$. 2.Soldering Irons and Guns - Value in FOB 5000$. other factors, Air freight 400$. Rate of exchange 1$=Rs.50. Customs duty - 10% Advalorem, CVD - 16% Advalorem. Education cess as applicable. Effective rate of duty on Soldering irons and guns through a customs notification is 5%.
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