Calculation of custom duty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 January 2013 whether internal auditor should check the calculation of custom duty through bill of entry while auditing the import purchases in respect of its rates. Please explain.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 January 2013 ANY PERSON CAN CHECK THE CALCULATION OF CUSTOM DUTY RATE TAKES FROM THE CBEC WEBSITE WHILE WHEN THE IMPORT OCCURS THE IMPORTER MANDATORY TAKES THE CBEC EXCHANGE RATE:

KINDLY MUST CHECK THE FOLLOWING LINK FOR CALCULATING CUSTOM DUTY:

http://www.eximguru.com/calculator/calculatecustomduty.aspx?1=5&2=&3=0&4=4&hscode=25020000