Import of second hand machinery
This query is : Resolved
Nishchay Govil
(Querist)
13 February 2015
One of my friend wants to import a second hand machinery from UAE.The machine is about 10 years old and its original bill is also not traceable. He is getting the machinery free of cost. I want to know as to how will the machine be valued to calculate customs duty and if possible please let me know about the required documents ?
RAMESH KUMAR VERMA
(Expert)
14 February 2015
ask your friend to demand from seller for send Bill AND Purchase Order & OTHER DOCUMENTS.
Noted :
these Documents & Invoice,& test Report is one of the documents required for import customs clearance for value appraisal by concerned customs official. Assessable value is calculated on the basis of terms of delivery of goods mentioned in commercial invoice produced by importer at customs location.
Noted :
these Documents & Invoice,& test Report is one of the documents required for import customs clearance for value appraisal by concerned customs official. Assessable value is calculated on the basis of terms of delivery of goods mentioned in commercial invoice produced by importer at customs location.
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