Duty on badminton rackets

This query is : Resolved 

12 September 2011 sir,

we are importing badminton rackets under chapter 95065910 which will be sold through distributors . we have the following querries

1. Are our products covered under weights and measures and do we come under mrp based valuation for custom duty purposes
2. What is the duty structure applicable to us
3. What is the abatement ???

As we understand we are liable to pay mrp based custom duty ( no abatement ) @ 10+5+3+3+4

Would be obliged if someone can clarify

regards
narayan

13 September 2011 DUTY STRUCTURE IS:

BCD 10%,
SAD 4%

FOR CALCULATION PURPOSE CUSTOM DUTY WILL BE :

http://www.cybex.in/indian-custom-duty/Squash-Racketball-Badminton-Rackets-Strung-Duty-Calculator-95065910.aspx

FOR ABATEMENT YOU CAN APPLY ALSO ADVANCE LICENCE CUSTOM DUTY WULL BE NIL

REGARDS,


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