Dear All,
In Bill of Entry, If our freight value is more than 20 % of invoice value. Then, How we calculate Assessable value??
Regards,
Sunny
2 Replies
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 23 May 2011
IF UR GOODS COMES VIA AIR MODE--THEN U CAN TAKE MAX 20% OF FOB VALUE AS A FRIEGHT FOR ASS.VALUE...
BUT IF MODE IS VESSEL THEN U CN TAKE ACTUAL FRIEGHT .....
sunny
(ASST MGR)
(333 Points)
Replied 23 May 2011
Thanks for replying. Can u send me the Custom Notification or circular regards this
Thanks
sunny
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