3. Mrs. & Mr. Kapoor visited Germany and brought following goods while returning to India after 6 days stay abroad on 8th November 20XX. (1) Their personal effects like clothes, etc., valued at Rs1,35,000. (ii) A personal computer bought for Rs1,36,000. (iii) A laptop computer bought for Rs95,000. (iv) Two liters of liquor bought for Rs1,600. A new camera bought for Rs87,400. (vi) Plasma T.V. for Rs1,25,000 What is the customs duty payable ?

3. Mrs. & Mr. Kapoor visited Germany and brought following goods while returning to India after 6 days stay abroad on 8th November 20XX. (1) Their personal effects like clothes, etc., valued at Rs1,35,000. (ii) A personal computer bought for Rs1,36,000. (iii) A laptop computer bought for Rs95,000. (iv) Two liters of liquor bought for Rs1,600. A new camera bought for Rs87,400. (vi) Plasma T.V. for Rs1,25,000 What is the customs duty payable ?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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