Customs duty

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SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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25 January 2012 DEAR SIR,

CAN ANYBODY EXPLAIN THE VALUATION METHOD OF CUSTOMS DUTY.

REGDS

SHYAMLAL.K

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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25 January 2012 your means???

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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26 January 2012 I mean the rate

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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27 January 2012 Regarding the Rate of custom duty it depends the item .

what is your ITC CODE???

REGARDS,

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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27 January 2012 TARIFF CODE:72044900

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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27 January 2012 BCD 5,
ACD 10,
SP. SAD 4,
EXCISE CESS 3%,
CUS EDU CESS:3%,

ON RS. 100 CIF VALUE DUTY WILL BE :RS.21.1504

FOR MORE INFO:

https://www.newdutytax.info/indiacustomsduty/level3/72044900/Other.html

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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28 January 2012 But sir in bill of entry they charging only 15.033%Now they are not charging BCD 5%.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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28 January 2012 for verification purpose ask the below mentioned link:

https://www.eximguru.com/indian-customs-duty/72044900-other.aspx

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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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28 January 2012 SIR, THANKS PLEASE TELL ME WHAT IS BCD????

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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28 January 2012 it is BASIC CUSTOMS DUTY

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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28 January 2012 i mean what is rate in above said link???posted by me....

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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28 January 2012 The same rate 5%. I have sent a query through that site about this rate.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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28 January 2012 are u agreed with my reply???

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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28 January 2012 No sir because customs authority has been calculating duty on 15.033% that we can see on Bill Of entry issued by Customs authority so i need to clarify thats why i have sent a query to www.newdutytax.info

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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28 January 2012 WILL YOU POST SCANNED COPY OF THIS B/E IN FORUM SO THAT AFTER CHECKING I COULD REPLY???

REGARDS,

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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28 January 2012 Sorry sir today i can't b.cos there is no scanner in my office.So i will send it on monday.

SHYAMLAL KAYYARUVATH

SHYAMLAL KAYYARUVATH (Querist)
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28 January 2012 Sorry sir today i can't b.cos there is no scanner in my office.So i will send it on monday.

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