For the purposes of rule 7 (Deductive Value) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, determine the unit…
CA Final · Indirect Tax Laws · MTP · May 2024
For the purposes of rule 7 (Deductive Value) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, determine the unit price in greatest aggregate quantity: Shiv Ltd. makes two sales to unrelated buyers. In the first sale, 500 units are sold at a price of 95. In the second sale, 400 units are sold at a price of 100.
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 95
Topics: Place of Supply, Customs: Valuation under the Customs Act, 1962
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