TaxTMI 
TaxTMI 
Customs duty Assessement
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....ustoms duty Assessement<br> Query (Issue) Started By: - MUNIRAJ SRINIVASAN Dated:- 10-3-2014 Last Reply Date:- 11-3-2014 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Dear sir, my client has impor....
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....ting material from china , they are giving 20 percent discount on invoice value as per customs duty how we have to pay (100-20) 80 whether 80 percent we have to pay or 100 of invoice value under what ....
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....provision they are assessing the customs duty on import materails under which provision they are fixing the duty Reply By Pradeep Khatri: The Reply: Dear Muniraj, In our opinion, you need to pay th....
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....e customs duty on 80 percent on the goods as the exporter is providing you discount of 20 percent on the invoice value. Please check Rule 3 of the Customs Valuation (Determination of Price of importe....
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....d Goods) Rules, 2007 in this regard. Team YAGAY & SUN (Indirect Tax Consultants)<br> Discussion Forum - Knowledge Sharing ....