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Section (Unit 06-10 Subjectivej 12 of 12Question : 2 of 2Marks for this Question : 10Answer the following questionAnswer any 1Question 8: (a) An Indian dealer imported 50 machines from USA @ 320 dollars per machine. However, th1. Packing Charges 20 dollars per machine2. Transportation charges to Indian Port 200 dollars3. Transit Insurance premium 40 dollars4. Brokerage (excluding buying commission) 70 dollarsThe dealer incurred the following expenses after delivery at the port1. Transportation charges from port to his godown Rs. 4,000II. Insurance premium Rs. 200III.Octroi Rs. 3,000.Compute the assessable value as per custom act. Exchange rate is 1 dollar = Rs. 72Question 8 (b): Discuss the nature and scope of customs law in India.

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