Custom duty on freight and insurance

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..... This is regarding debonding of Capital Goods (computer systems) after five yeas. As per the new guidelines received from Customs Mumbai, we need to pay custom duty on freight and insurance of the comp .....

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..... uter systems though the computer systems are having zero value after five years depreciation. - Reply By Surender Gupta - The Reply = There is no such provision for payment of customs duty on freigh .....

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..... t and insurance separately. Freight and insurance charges are included in the value of imported items (i.e. computers) itself and depreciation is allowed on the total value. Therefore, action of the c .....

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..... ustoms Mumbai appears as incorrect. - Custom duty on freight and insurance - Query Started By: - SAMBATH KUMAR Dated:- 8-4-2008 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - D .....

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..... iscussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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