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VKGUY INCENTIVE??

This query is : Resolved 

12 February 2011 SIR,

AN EXPORTER GAINED THE VKGUY LICENCE FOR DUTY CREDIT RS. 4413902.00
BENEFIT RATE AS PER APPENDIX -37 D IS 7% ON EXPORTED PRODUCTS (94036000) WHAT IS THE FOB VALUE?

14 February 2011 FORMULA FOR CALCULATE THE FOB:-

DUTY CREDIT X 100/ PERCENTAGE THE BENEFIT

OR 4413902*100=441390200/7
=63055742.85 OR 63055743/- WILL BE FOB VALUE.


REGARDS,

15 February 2011 thank you sir.


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