FOB value of goods - US $ 12,000. Sea freight US $ 2,500. Cost of insurance US $ 150. Currency exchange rate 1 $ = ₹75. Assessable value will be ............
CS Executive · Tax Laws · PYQS · December 2022
FOB value of goods - US $ 12,000. Sea freight US $ 2,500. Cost of insurance US $ 150. Currency exchange rate 1 $ = ₹75. Assessable value will be ............
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Customs Act, 1962
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