This Query has 1 replies
sir,
Indian passenger returning from an overseas stay of less than 3 days what is tax liability for them by Indian custom?
rahul
This Query has 3 replies
Procedure For Appliying Advance Licence For Raw Material Or Spare Parts or Consumables Import.
Thanks
This Query has 2 replies
How to calculate A.V.?
Example:
Invoice Value euro 1800
CIF Cost euro 130
1 Euro = INR 62.95
CUSTOMS DUTY 23.8948%
Kindly let me know what will be the A.V. amount to be appear at Bill of Entry?
This Query has 6 replies
What is the rate of CVD under customs
This Query has 2 replies
Hello,
One of my friend wants to import GPS device from China for the purpose of resale in India. Please tell me what procedure he have to follow and which forms etc he have to fill ?
The product fall under category 8526 91 90 of custom tariff.
Please tell me the full procedure to be done.
Thanks
This Query has 4 replies
Pls. solve below the customs sum
Sunflower Ltd., imported a machine from USA by air for its factory in Silvasa.
The FOB value of the machine is $ 20,000. Other expenses incurred were as
follows :
i. Freight from USA to India $ 4,500.
ii. Insurance premium is not shown/available in the invoice.
iii. Transportation charges from “Indian airport” to “Silvasa factory” is
Rs. 12,500.
Basic customs duty 20%; Additional Customs duty u/s 3(1) 16%; Education cess 2% and Secondary and Higher Education cess 1%.
Compute : Assessable value and Customs duty payable; asuming an Exchange
Rate of $1 = Rs. 48.
This Query has 2 replies
Pls. Solv Below The Customs sum
Mr. Q, an Indian resident visiting London, brought the following goods while
returning to India.
i. personal effects values at Rs. 20,000
ii. 2 litres of liquor valued at Rs. 2,500
iii. New camera of Rs. 45,000
What is the Customs duty payable?
This Query has 7 replies
The assessee paid SAD 4% on imported toys during APR - Oct 2010. i heard the SAD reclaimable facility withdrawn since March 2010. is it so? or the assessee are eligible to claim the refund? plz provide circular
This Query has 2 replies
Respected Sir/Madam,
I wish to start buisness of Importing Memory cards from china & sell it to retails shops in India directly. I m only Individual & dont have any proprietory firm.I have made some purchase query to wholesellers in CHINA & they say dat u dont have to any import duties etc. but i dont think they r correct. Since I m very small & new businessman i wish to avoid govt. formalities. So can u tell me easiest way to do this trade.
Also can u tell me whts d rate of import duty on such product. How i have to pay that. What formalities i have to comlete to start this business. How i can send payments & receive products...& any risk & other factors....Dipak 07276993000/07276066647/09021224725
This Query has 3 replies
Dear Sir,
We are importing some products with HS code 71179010. Kindly help me with the customs duty for the same. Also should we be registered with central excise for importing these products. Kindly help me with the structure for duty like...
Value = ******
Basic Customs Duty = %?
Educational Cess = %?
Secondary Edu Cess = %?
Other taxes if there are = %?
Thank you
Online GST Course - Master the Fundamentals of GST with Practical Insights
baggage rules