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
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
RAMESH KUMAR VERMA
(Expert)
13 September 2011
DUTY STRUCTURE IS:
BCD 10%,
SAD 4%
FOR CALCULATION PURPOSE CUSTOM DUTY WILL BE :
https://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,
BCD 10%,
SAD 4%
FOR CALCULATION PURPOSE CUSTOM DUTY WILL BE :
https://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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