Export/Import Urgent


This query is : Resolved 

31 December 2010 Hi,
A concern have IEC Code and sales tax & VAT No. and is working now as garment exporter. They wants to start import plywood from China, can it possible by same IEC and Sales Tax & Vat No. ?
what is the rate of sales Tax & VAT on import and sale in Delhi?
Please suggest me terms, conditions & procedure for import of plywood from China.

Please reply urgently, Thanks.

B R Ramesh (Expert)
01 January 2011 Hi

you can import N number of goods from other country in same IEC code.

only that you shoud intimate to the VAT department as ADDITION OF COMMODITY IN your VAT certficate.

the rate of custom duty is 10% and 3 % ed cess and 4% additional duty.

and 12.5% VAT is applicable.


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