After visiting Australia for a month, Mrs. and Mr. Mehta (Indian residents aged 36 and 35 years respectively) brought to India used personal effects…
CA Final · Indirect Tax Laws · MTP · November 2024
After visiting Australia for a month, Mrs. and Mr. Mehta (Indian residents aged 36 and 35 years respectively) brought to India used personal effects valued at 90,000 and a personal computer for 52,000. What is the customs duty payable? Ignore Agriculture infrastructure and development cess.
Suggested Answer and Working Notes:
Correct Answer: Option (B)
₹ 770
Topics: Customs: Valuation under the Customs Act, 1962
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