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Question 1
What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer imports goods for subsequent sale in India at $10,000 on assessable value basis. Relevant exchange rate and rate of duty are as follows
Particulars
Date
Exchange Rate Declared by CBE&C
Rate of Basic Customs Duty
Date of submission of bill of entry
25th February, 2010
' 45/$
8%
Date of entry inwards granted to the vessel
5th March, 2010
' 49/$
10%
Question 2
Explain major considerations in capital structure planning. Write about the dividend policy and factors affecting dividend decisions
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Define the role of the RBI in informing FEMA?
Disadvantages of Mode a.It is ill defined. b.It is indefinite and it is some cases impossible to find a definite value. c.It is not based on all observation. So i
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Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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