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 ?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 32P

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Q1.
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