Import duty on laptop bought by employee for employer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2013 - E'ee of one of our client bought 1 laptop from Singapore with him while returning after completion of work but invoice of the same is issued on the name of Indian Co.(i.e. E'er)

- I wanted to know the procedure and consequences such as Custom duty or interest or penalty if any payable & payment of the Invoice issued on co's name.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 August 2013 Must read following links:

http://www.cbec.gov.in/ub1314/csnt25-2013.pdf

http://www.cbec.gov.in/trvler-guide_ason22may2013.pdf

regards,