Skip to content

Excess amounts charged to customer whether dutiable

Excess amounts charged to customer whether dutiable:

If the amounts recovered from the customers is in excess of expenditure actually incurred on permissible deductions, the excess amount will form part of the assessable value.

Amount charged and recovered from customers by separate bills will be considered as gross receipts or cum duty price and duty payable is to be calculated after working out the assessable value from the gross receipts.

Leave a Reply