duty payable on imported machinery

This query is : Resolved

Rekha (Querist)
Follow

28 March 2011 Dear sir,
my client bought newly imported machinery ( not under EPCG scheme)..i want to know what are all duties payable on that?? kindly briefly explain in detail..Description of the machinery.
1. CLC Vertical Turning
2.Vertical machinery Center
3.Co-ordinate Majarity machine

Please reply me asap..
Thanks in Adv

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

29 March 2011 dear author,

please noted as per provision laid down in the hand book of procedures in vol-1 para 2 2.8(iii) a person are exempt the IEC if he/ she import / export for personal use / agricultural purpose.

you can check custom duty on the URL :-

http://www.eximguru.com/indian-customs-duty/85-chapter-85-electrical-machinery-and.aspx

DESCRIPTION OF MACHINERY YOU CAN UNDERSTAND :-

http://catalogs.indiamart.com/products/vertical-machining-center.html

http://www.helmel.com/Coordinate-Measuring-Machines.htm

REGARDS,

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now