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Need clearifaction

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(Querist)
27 July 2013 Dear sir,
I have to buy the 500 memory cards of 4 gb via courier, and the value is 300 dollar, but i have no company in india so can u clear me that for buy this product need import export code or not.
And how much duty i have to pay for same
Waiting for your reply
Thanks
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
29 July 2013 If you wish to import not for Manufacturing or agricultural purpose OR business purpose YOU WILL BE EXEMPT OF IEC CODE

AS PER PARA 2.8 {a} (III) OF HAND BOOK OF PROCEDURE 2009-2014 REFER
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