Jewellery import

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2012 Hello Experts
I want to know if one of my friend living in US parcel me jewellery items to me.
Should I liable to pay any taxes.
What are the rates of taxes.
What if the sale value of jewellery is less than the original value then which value would be used to calculate taxes, there is proof of sale value as merchant invoice.
Is there any option to avoid taxes if incurring.
tell me how.
I have no blood relation with my US friend.
Thank You

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 June 2012 custom duty attract to exporter importer

http://www.cybex.in/indian-custom-duty/Articles-Jewellery-Parts-Precious-Metal-Hs-Code-7113.aspx

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2012 But on what value sale value or Original Value.
As I mentioned earlier the sale value is very less than original value.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 June 2012 DHL AND PAFEX SERVICE IS BEST RATE IN THIS MATTER.THEY REALIZED FROM BUYER A LESS RATE.
SO IN THIS MATTER ASK THEM BOOK THROUGH THE SAID SHIPPING AGENCY.

http://www.dhl.co.in/en/logistics/freight_transportation/road_and_rail_freight/contact_us.html

FEDEX:

CALL :- TF NO IS

1800 209 6161 / 1800 22 6161(MTNL & BSNL).

http://www.fedex.com/in/contact/

REGARDS,

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