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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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A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
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Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as
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