PRESENT MARKET VALUE

29747 views 8 replies

Hello Sir,


Can any one help me by informing procedure of PMV Calculation ?


Thanking You,


Jolly OZA

Replies (8)
Quick Summary
Discussion on Present Market Value (PMV) for export declarations, especially under DEPB. PMV is typically invoice value plus a margin. It is required for compliance and export incentives, though benefits are calculated on actual invoice value.

 

Can U Elaborate UR Question...................

I Think UR Asking For Present Value.....

Not Present Market Value.......... am i Right.............?

 

I AM ASKING ABOUT THE PMV(PRESENT MARKET VALUE) DECLARATION WHICH IS GIVEN FOR DEPB PURPOSE. I THINK

present market value means ,

 

suppose, if you export the goods of invoice value 25000 usd and usd rate is rs.40.00, fob will in inr =25000*40=100000.00

 

and present value will 10% excess :-

100000*10/100

100000.00+10000.00=1,10,000.00

and incentive for depb . dbk you will elgible on 25000 usd not  1,10,000.00

thx,

Thank you very much for your help.......!


I understood now the calculation, but can you clarify  me below


1. Why I have to give PMV Declaration along with other shipping documents , for what purpose i have to submitt it.

2. what is the relation between PMV Value and Excise rate (we are pharmaceutical exporters).

Thanking you ,

Jolly OZA

please go to the following path:

https://rbidocs.rbi.org.in/rdocs/Forms/PDFs/5039.pdf

 

ramesh

25000X40=1000000 not 100000

Can you please help me out with Rodtep ?
What is Rodtep and how is it calculated?

 


CCI Pro

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