Ms. Paarvati, an Indian resident who was on a visit to USA, returned after 1 year for contesting in assembly elections of her State. She was…
CA Final · Indirect Tax Laws · RTP · May 2024
Ms. Paarvati, an Indian resident who was on a visit to USA, returned after 1 year for contesting in assembly elections of her State. She was carrying with her the following items: (i) Personal effects - 59,000 (ii) Laptop computer - 37,000 (iii) Jewellery - 25 grams (purchased in USA) ₹ 67,000 (iv) Music system - 1,25,000 Compute the customs duty payable by Ms. Paarvati with reference to the Baggage Rules, 2016. Ignore Agriculture Infrastructure and Development Cess.
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 28,875
Topics: Customs: Valuation under the Customs Act, 1962
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