What will be the method of calculation of assessable value if I re-import the repaired machinery as a passenger?
The provision regarding this issue is delineated under the NBR office order no. 7(12)Cus-1/94/502, dated 23 August 2005.
According to this provision, when machinery/spare parts are re-imported after conducting repair works abroad, duty will have to be paid.
In the case of normal import, for ascertaining the assessable value for that duty, the C&F Value will be calculated taking only the followings into consideration: