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This query is : Resolved 
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(Querist)
29 June 2012 Purchase-
local -400000 + 4%
From other state -200000 + 2%
From China -1000000 + custom duty 15%

Import duty paid not allowed as set off
Prepare cost sheet......
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 June 2012 Your purchase value Rs.1754000/-

Local purchase value Rs.400000 + Inter state purchase value Rs.200000+4000 + Import purchase value RS.1000000+150000 =1754000

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