An Indian Importer imported Raw-materials for 5,000 Dollars in August 2021. Following
information are availablePacking Charges of goods 120 Dollars
Insurance premium 50 Dollars
Sea freight 160 dollars
Importer had paid commission of 100 dollars to a broker who arranged the transaction.
Dollar Rate is Rs. 70 = 1 dollar
Find out the Assessable value of imported goods
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total assessable value = 5430 dollars
= 5430×70 ₹
= ₹ 380100
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