Import
This query is : Resolved
02 October 2011
Hi i want to import a mobile phone worth 110$ what is the import duty i have to pay for it and if i get as a gift how much i should pay
RAMESH KUMAR VERMA
(Expert)
03 October 2011
as per para 2.8(iii) HBP vol-1, 2009-2014 exporter / importer are exempt from IEC CODE if they are import / export the goods for personal use or agriculture purpose.
or more info:- LINK IS :-
https://www.cbec.gov.in/customs/cs-act/formatted-htmls/cs-rulef.htm
or more info:- LINK IS :-
https://www.cbec.gov.in/customs/cs-act/formatted-htmls/cs-rulef.htm
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