IDT Nov 2018 Old course

Page no : 2

keshab Das (student) (201 Points)
Replied 18 November 2018

why don't u read rule 4 of custom valuation rules,import. I haven't found any questions

sawood ukaye (Article Assistant) (37 Points)
Replied 18 November 2018

Yes...read it...u are right...5 marks gone

keshab Das (student) (201 Points)
Replied 19 November 2018

I also did incorrectly

Arushi midha (Student CA Final ) (39 Points)
Replied 19 November 2018

it should be substantially of the same quantity not the near most

HITESH (STUDENT) (204 Points)
Replied 19 November 2018

but there is one idt faculty give suggested answer considering 350 as identical value.
I also did with 350.
see this 10 min video for solution of 1st question.
https://youtu.be/oUM4PjuQerc

keshab Das (student) (201 Points)
Replied 19 November 2018

wrong concept given.
similar Q was asked in RTP Nov 2011.
no transaction value, then apply rule4 , I.e. lowest of transctb value.


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