Compute the assessable value of an imported product (as on 11-12-2017), in the following independent situations: Case 1 Particulars Figure (Euro €) FOB value 2,000 Freight, loading, unloading and handling charges associa

Case 1 Particulars Euro € FOB Value 2,000 Add: Cost of transport, loading, unloading and handling charges associated with the delivery of the imported goods to the place of importation [20% of FOB value in terms of first proviso to rule 10(2) of CVR] 400 Cost of insurance 20 Assessable value [CIF value] 2,420 Case 2 Particulars Euro € FOB Value 2,000 Add: Cost of sea transport, loading, unloading and handling charges associated with the delivery of the imported goods to the place of importation [includible in terms of rule 10(2)(a) of CVR] 100 Insurance [1.125% of sum of FOB value of the goods in terms of third proviso to rule 10(2) of CVR] 22.50 Assessable value [CIF value] 2,122.50 Assessable Value rounded off 2,123