Hi,
I am importing Auto spare parts (Chapter 87) and facing big problems while clearing.
Custom officer is increassing the RSP value to 2.5 times the basic cost at which I can not sell it in the market.
Now the overall duty comes to more than 45%.
Is there any rule to fix a minimum RSP of 2.5 times the basic cost?
Regards,
PJ
Hi,
Can anyone help me on this?
Just want to know
Is there any rule to fix a minimum RSP of 2.5 times the basic cost?
N N V Satish & Co.,
Hyderabad
CA Inter
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RMA And Associates LLP
New Delhi
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