Assessable Value how to declared

[MUNIRAJ SRINIVASAN]

Dear Sir,

 

As per Central Excise Dealer Invoice ,  Importer (First Stage Dealer) how to declared Assessable value in Sale Invoice he has to declared Assessable value ( BOE AV FOB+National Freight+National Insurance+Local Freight) or Bill of Entry  Assessable Value  kindly clarify that  and

 

Dealer Sale Invoice How to declared Assessable value ( Importer )

[kamal chordia]

Please note that in case of first stage dealer assessable value is taken as under

ASSESSABLE VALUE AS PER BOE + BASIC CUSTOM DUTY AS PER BOE= ASSESSABLE VALUE FOR FIRST STAGE DEALER.

AI Summary

Assessable value declaration: first stage dealer must state BOE assessable value plus basic customs duty.
Assessable Value for First Stage Dealer is determined by taking the Bill of Entry assessable value and adding the Basic Customs Duty shown on the Bill of Entry; that summed figure is the assessable value to be declared by the importer (first stage dealer) on its sale invoice.