1) Payment of a commission or general expenses 2) Transportation and insurance costs. 3) In India, you must pay customs fees and other taxes. items being valued, plus a profit and general expenses, which are frequently represented in sales of goods of the same class or sort from the country of exportation to the country of importation.
Customs duties are based on the value of commodities and are calculated on a particular or ad valorem basis. Rule 3(i) of the Customs Valuation (Determination of Value of Imported Commodities) Rules, 2007 determines the value of goods.
In most cases, we establish a CIF Base Price condition type that includes the above number. (Assessable Value = CIF Price + Landing Charges.)
Customs duty is an indirect tax that is imposed on goods and services at the time of import and export. Import duty is a tax imposed on the import of goods and services, whereas export duty is a tax imposed on the export of goods and services.
The Customs and Excise Act 91 of 1964 imposes customs duties. They are imposed on imported goods in order to raise revenue and safeguard the domestic market. They are often assessed as a percentage of the products' worth (set in the schedules to the Customs and Excise Act).
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Jay Vyas
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
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Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain good amount of knowledge that I can apply in my future opportunities.
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Fazlurrahman Khan
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I am happy from this course I want pdf of lectures if will be available that would be very beneficial for Us
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Atul Marathe
5
Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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Radha Rani Birla
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Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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