Foreign outward remittance


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 November 2014 Dear Sir,

I would like to ask you that if a person or a company are planing to purchase some product (personalise metal business visiting card) from abroad like china and finalise the payments through bank, so is there any custom duty on it which they have to pay at time of items reached in india to release them.

Please help in this regard.


Thanks

08 November 2014 You need to check the import tariff for this.
https://business.gov.in/taxation/custom_duty.php
try this site


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