Muhammed Abdulla Ansari (person) (99 Points)
22 October 2011Hi,
At customs clearence, whichever value - CIF or commodity value is taken for calculating the customs duty?
Thulasidharan
(Solepropritor)
(21 Points)
Replied 24 October 2011
Dear sir,
Customs are leviable on CIF value of goods sought to be imported. Custom duties comprises of
Above duties are applied on Assessable Value(AV).
CA S.Thulasidharan
Trivandrum
24/10/2011
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