Regarding assessable value

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CA munna singh (Querist)
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21 February 2013 How a custom officer determine assessable value of imported goods for the purpose of determining duty.

Regards,

Munna.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 February 2013 Assessable value means after it lands in any Indian Airport, the designated Customs officer assess the valu of the material based on the HS code and he will calculate the value of the material in Indian rupees and this value is called assessable value.

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