List Price (in
the year of manufacture) |
US $ 10000.00 |
Less trade discount
(15%) |
US $ 1500.00 |
Net Invoice/Manufacturers
Price |
US $ 8500.00 |
Add extra fittings
/ optional items |
US $ 2000.00 |
Less Depreciation
for use Abroad (40%) |
US $ 4200.00 |
Balance value |
US $ 6300.00 |
Add Estimated
or Actual Freight |
US $ 1000.00 |
Balance value |
US $ 7300.00 |
Add Insurance
1.125% |
US $ 82.13 |
CIF VALUE |
US $ 7382.13 |
Add Landing
charge (1%) |
US $ 73.82 |
LANDED COST |
US $ 7455.95 |
Exchange rate
US $ 1 = Rs. 50 (Value of the car for duty purposes) |
Rs. 372798/- |
Duty payable
on above value @ 103.39% |
Rs. 385436/- |