Computation of CVD leviable under section 3(1) & (3) and Special CVD under section 3(5)]:

If the additional duty is leviable as a percentage of the value of goods, then the following paragraph illustrates the method of computing the additional duty of customs.

	Rs
Assessable value under section 14	1,000.00
Rate of basic customs duty	10%
Rate of additional custom duty under section 3(1)	12.5%
Assessable value for computing basic customs duty	1,000.00
Basic custom duty @ 10% of ` 1,000.00	100.00
Total value for computing additional customs duty u/s 3(1)	1,100.00
Additional custom duty u/s 3(1) [12.5% on `1100]	137.50
Total [100+137.50]	237.50
Education cess @ 2%	4.75
Secondary and higher education cess @ 1%	2.38
Total duty payable before additional customs duty u/s 3(5)	244.63
Total Value for computing additional customs duty u/s 3(5) [`1,000+244.63]	1,244.63
Additional customs duty u/s 3(5) [`1,244.63 × 4%]	49.79
Total duty payable	294.41