Customs duty
This query is : Resolved
kunal seal
(Querist)
02 August 2011
what are the customs duty that will be levied if 100 pcs of memory cards are imported from china @.78usd/piece.
please advise me as i want to start a business for imoprting of memory cards from china.
kunal seal
please advise me as i want to start a business for imoprting of memory cards from china.
kunal seal
RAMESH KUMAR VERMA
(Expert)
02 August 2011
as per para 2.8 (iii) of foreign trade policy 2009-2014, a person (exporter/ importer) is exempt from IEC code if they are importing / exporting the goods for personal use / agriculture purpose.
If you want to start a business then apply for IEC code and custom duty of this item is nil but cess custom 3% and excise is 3% .
for more info:-
https://www.cybex.in/indian-custom-duty/Memory-Cards-Duty-Calculator-85235220.aspx
Regards,
If you want to start a business then apply for IEC code and custom duty of this item is nil but cess custom 3% and excise is 3% .
for more info:-
https://www.cybex.in/indian-custom-duty/Memory-Cards-Duty-Calculator-85235220.aspx
Regards,
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