Export duty
sandhya (officer) (22 Points)
04 July 2017
Pramod Sanghavi
(Exim Coordinator)
(39 Points)
Replied 24 July 2017
Export of products, falling under HS Code 87, mainly "Tractors" of different types are allowed to be exported freely and do not attract any Export duty (Zero rated).
However, in case of import of similar products into India, applicable Basic Imoport duty would be 10% with 28% IGST. Considering Education Tax and Cess, the aggregate total import duty would be 41.365%.