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Two sets of sales were effected by Boomerang Ltd First set 1000 units at 190 and second set 900 units at 200. In terms of rule 7 (Deductive Value) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, the unit p rice in greatest aggregate quantity determined will be

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Syllabus (with weightage):
A. Advanced Indirect Tax and Practice 80%
B. Tax Practice and Procedures 20%

Related Test: CMA Intermediate Exam: Indirect Taxation


Two sets of sales were effected by Boomerang Ltd First set 1000 units at 190 and second set 900 units at 200. In terms of rule 7 (Deductive Value) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, the unit p rice in greatest aggregate quantity determined will be






 
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