Answer Posted / bishwajeet kr. singh
FOB (Free on Board) is type of price which related to
imported goods. it means price of imported goods at time of
clearance of said goods to shipping company for the purpose
of export in country of exportation. This price is relevant
for calculation of Assessable value u/s 14 of The Custom
Act read with Rule 10(i) of Custom Valuation (Determination
of Price of Imported goods) Rule 2007 in case country of
Importation is India.
Answer by : bishwajeet.singh21@gmail.com
| Is This Answer Correct ? | 7 Yes | 2 No |
Post New Answer View All Answers
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
in terms of accounting the trial balance when is it taken?
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
Please explain the difference between provision and reserve?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
what is the Differed Tax Liability & How it is calculate ?
what s account
Tell me entries to revenues accounts such as service revenues are usually?
Explain me what is general ledger account?
Give ONE reason for Balance Sheet to be out of balance
how calculate intrest on advance tax ? and penalty on vat?
What is meant by calendar maintenance?
what is a difference between public and private accounting?
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
What are the functions of manger -accounts and manager-finance?
