Question
Whether Anti-dumping duty/ safeguard duty is to be added for determining the value of integrated tax? The assessable value of an article imported into India
Whether Anti-dumping duty/ safeguard duty is to be added for determining the value of integrated tax?
The assessable value of an article imported into India is Rs. 100/-; Basic Customs Duty is 10% ad- Valorem; Social Welfare Charge is 10%; Safeguard duty is Rs.20/-; the Integrated tax rate is 18% and Compensation cess is 15%. Compute total tax liability.
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
