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« on: July 10, 2009, 04:25:44 PM »
sahilkit
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MICROSTAR 2000

http://www.cbec.gov.in/customs/cst-0809/chap-95.pdf

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« Last Edit: July 10, 2009, 04:57:17 PM by anwar » Logged
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« Reply #1 on: July 10, 2009, 09:49:49 PM »
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Kindly note that what you put the link is for basic duty. Then there is CVD (Counter vailing Duty) to be added and then cess of 3% (2+1).

 
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« Reply #2 on: July 10, 2009, 09:50:51 PM »
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Thanks for the clarification.  What is the rate/range of CVD ?
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« Reply #3 on: July 10, 2009, 10:44:21 PM »
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Section/Chapter 95 is the general chapter and if you import commercialy you need to have an IE code and can get taxed up to 36% of value of goods including shipping and insurance.
As a hobbyist you are better using and quoting chapter 98  http://www.cbec.gov.in/customs/cst-0809/chap-98.pdf, wherin you can get levied up to max of 17.4% of taxes.
Although the basic rate of duty is same the CVD and cesses apply differently in case of import through post for personal use.
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« Reply #4 on: October 20, 2010, 05:57:51 PM »
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Thanks....... Thumbs Up
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« Reply #5 on: October 24, 2010, 01:52:26 AM »
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Information sharing improves knowledge of both.
Thanks for the grate post. Smiley
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« Reply #6 on: October 24, 2010, 11:18:46 AM »
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Quote from: KALYANPRODHAN on October 24, 2010, 01:52:26 AM
Thanks for the grate post. Smiley

It's "Great" actually.... Giggle

Plz Don't Mind it... Wink
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RC India  General Topics  RC Outlets and Resellers  Topic: Customs (tax) on imported toys (value)
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