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Calculation of custom duty

9187 views 4 replies

Dear All,

 

We have imported finished goods from abroad. 

How  we calculate the RSP of the pruduct,  Could you provide me RSP notification no.

What is abtt. ?? in Bill of entry.

 

Thanks

 

Sunny

Replies (4)

‘retail sale price’ means the retail sale price as defined in section 4A of the central excise  Act; and

for more info:-

https://www.cbec.gov.in/excise/cx-rule-retailsaleprice.htm

https://www.eximguru.com/notifications/extension-of-rsp-based-assessment-16587.aspx

https://www.cbec.gov.in/customs/cs-circulars/cs-circulars11/circ19-2k11-cus.htm

https://www.eximguru.com/notifications/Default.aspx?&GridInfo=Notification022_Latest%20Notifications0280

Originally posted by : sunny

Dear All,

 

We have imported finished goods from abroad. 

How  we calculate the RSP of the pruduct,  Could you provide me RSP notification no.

What is abtt. ?? in Bill of entry.

 

Thanks

 

Sunny

Sunny

Are you looking for RSP for payment of import duty? The process in that case is detailed and needs all the facs. 
Regards

sanjay

Can you calc. the MRP Base Custom Duty and CVD for following case

 

MRP= 875

Abtt. 35.0

CIF value=  Rs. 134536

 

Basic custom Duty Rs. 10.00%
C.V.D. IN Rs. 10%
Edu. Cess On C.V.D. Rs. 3%
Edu. Cess Rs. 3%
Addl. Duty 4%

 

 

 regards,

Sunny

Dear sir

please breif for rsp calculation , how calculate rsp or mrp calucaltion

thanks


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