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Valuation Method (Sample Study )

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/-

At AIMS Logistics we specialise in providing comprehensive relocation services apart from being professional packers and movers and freight forwarders. We also excel in pet moving and provide free information on customs and baggage rules.

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