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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
How to solve linear programming problems using simplex method introducing slack variable,surplus variable and artificial variable
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management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints
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