Please sir can you give me complet solution format I am very much Thank you
Here you go:
| Production Cost ($) | 7,800 |
| Design & Development Cost ($) | 1,300 |
| Profit ($) | 1,500 |
| Transport Cost ($) | 500 |
| Transit Insurance ($) | 700 |
| Freight ($) | 1,200 |
| CIF ($) | 13,000 |
| Landing Charges ($) | 130 |
| Landing Cost ($) | 13,130 |
| Landing Cost (Rs.) (1 $ = Rs. 48) (A) | 630,240 |
| Basic Customs Duty @ 20% (B) | 126,048 |
| ( C ) = (A) + (B) | 756,288 |
| Countervailing Duty @ 10% of ( C ) | 75,629 |
| Education Cess @ 3% of BCD + CVD | 6,050 |
| 837,967 | |
| Freight from Mumbai to Palghar (Rs.) | 19,200 |
| Installation Cost at Palghar (Rs.) | 14,400 |
| Total Cost of Machinery | 871,567 |
| Total Duty (BCD + CVD + EC) | 207,727 |
CENVAT is available only on Countervailing Duty i.e. Rs. 75,629
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