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Cvd on mrp

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2015 Dear sir,
Can anyone please explain computation of CVD on MRP value?
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
07 September 2015 CVD is calculated as a percentage of aggregate of CIF value +basic duty for example if basic duty is 35%, surcharge 10% basic duty, the cvd @ rate of 16% on a CIF value of RS.100 will be =

(100+35+3.5)x=Rs.22.160

Regards,

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