Customs duty is charge on Value+ Transport charges or any other criteria
Menu
Custom duty
Replies (2)
Unit price × No .of .Units
Customs duty is chargeable on Value of good+India+Freight+Insurance that is called (CIF value)
Further,the Customs duty is also charged on the value paid or payable for bringing the goods in India to mix in Indian land mass.In many cases in case of machinery import erection and commissioning charges customs duty is charged.
Recent Topic
- SEC 10(10CC) - TAX PAID BY EMPLOYER ON NON-MONETAR
- Buy back of shares
- Capital gain and federal tax withholding
- TIS amount
- Reimbursed income
- Bricks Klin
- Compile error in hidden module: Sheet1. (ITR 5 exc
- Is there a way to get refund for 26QB if paid twic
- How Important Is an MBA Course for Career Growth i
- Learn - How to Take Free Scheduled Auto Backup on
Related Topics
CAclubindia
