Customs duty Assessement

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Customs duty Assessement
Query (Issue) Started By: - MUNIRAJ SRINIVASAN Dated:- 10-3-2014 Last Reply Date:- 11-3-2014 Customs - Exim - SEZ
Got 1 Reply
Customs
Dear sir, my client has impo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rting material from china , they are giving 20 percent discount on invoice value as per customs duty how we have to pay (100-20) 80 whether 80 percent we have to pay or 100 of invoice value under what .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... provision they are assessing the customs duty on import materails under which provision they are fixing the duty Reply By Pradeep Khatri: The Reply: Dear Muniraj, In our opinion, you need to pay t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he customs duty on 80 percent on the goods as the exporter is providing you discount of 20 percent on the invoice value. Please check Rule 3 of the Customs Valuation (Determination of Price of import .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed Goods) Rules, 2007 in this regard. Team YAGAY & SUN (Indirect Tax Consultants)
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X