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An importer import some goods @10,000 us dollar on cif basis
following dollar rates avilable on the date of
presentention of bill entry.(1) Rbi floor rate 46.35,(2)
rate notify by CBE AND C under section 14(3)(a)(i)of custom
act Rs.46.55 (3) Rate at which bank has reliased the
payment from importer Rs.46.58, what will be assessable
valu according to custom act?



An importer import some goods @10,000 us dollar on cif basis following dollar rates avilable on the..

Answer / kopilla srinivas

RATE NOTIFY BY CBE AND C UNDER SECTION 14 (3) (A)(I) OF
CUSTOM ACT RS 46.55

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