transaction value
This query is : Resolved
15 October 2010
sir/mam
an importer purchases machinery for a invoice value Rs. 20 lacs incldng Rs. 4 lacs for post importation activities.... sir so while caculating assesable value will we exclude Rs. 4 lacs????? sir post importation actvties are not to be considered as indirect payment other than those specified in rule 10.... but here it is a direct paymnt.... then y shud we exclude it if at all we do so.....
an importer purchases machinery for a invoice value Rs. 20 lacs incldng Rs. 4 lacs for post importation activities.... sir so while caculating assesable value will we exclude Rs. 4 lacs????? sir post importation actvties are not to be considered as indirect payment other than those specified in rule 10.... but here it is a direct paymnt.... then y shud we exclude it if at all we do so.....
28 October 2010
customs has nothing to do with your post import activity they will calculate customs duty on the value declared(commercial Value) at the time of import.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
