Sasha Enterprises imported some goods through vessel from USA in the month of April. The value of goods imported was - 6,50,000. The date of entry…

CA Final · Indirect Tax Laws · MTP · September 2025
Sasha Enterprises imported some goods through vessel from USA in the month of April. The value of goods imported was - 6,50,000. The date of entry inwards was 21st April (basic customs duty on said date was 10%). Further, Sasha Enterprises filed bill of entry for home consumption on 25th April (basic customs duty on said date was 20%). Applicable rate of integrated tax was 12% and social welfare surcharge was 10%. Ignore GST compensation cess and agriculture infrastructure and development cess. However, before inspection and clearance for home consumption, Sasha Enterprises found that the goods had been damaged owing to negligence on part of proper officer of customs. The proper officer accepted that due to said damage, the value of the goods has come down to 4,00,000. Compute the total customs duty payable in the given case.
(A) ₹ 97,280
(B) ₹ 2,38,160
(C) ₹ 1,58,080
(D) ₹ 1,46,560

Suggested Answer and Working Notes:

Correct Answer: Option (D)

₹ 1,46,560

Topics: Customs: Valuation under the Customs Act, 1962, Customs: Types of Duty

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