Originally Posted by
lerasp
yikes! really? it seems very punitive to charge duty on a price that ALREADY includes same duty plus retail margin. but then again, this is india. i guess there's no concept like in US where duty is charged on actual volume of alcohol, regardless on the retail price of the bottle at hand?
i guess that puts kibosh on trying to liven up the party a little.
i don't think you understood what i meant....let me try to explain it again....
lets suppose you buy something worth inr 100 at duty free....
lets suppose the allowable allowance amount is inr 80....
lets suppose the price for that same product outside is inr 120....
based on the above prices the duty on that product is 20%....
since your allowance is inr 80 & the item costs inr 120 outside duty free, the difference is inr 40....so you will be charged 20% of inr 40 which comes out to inr 8....