Rate of custom
This query is : Resolved
CA.Kanhaiyalal Gupta
(Querist)
23 April 2012
Dear all,
I need following clarification:-
1) What is the custom duty rate on imported Luxury vehicle till 31.03.2012
2) What is the custom duty rate on imported Luxury vehicle after 01.04.2012.
I need following clarification:-
1) What is the custom duty rate on imported Luxury vehicle till 31.03.2012
2) What is the custom duty rate on imported Luxury vehicle after 01.04.2012.
RAMESH KUMAR VERMA
(Expert)
24 April 2012
imported new luxury cars (with engine capacity of over 1,500 cc) attract over 100 per cent duty. It includes basic import duty of 60 per cent, besides countervailing duty or CVD (imposed in lieu of excise duty on same product produced in India), special additional duty and education cess.
01.04.2012
for duty link is:
https://www.cybex.in/indian-custom-duty/details.aspx?PRODUCT=cars
01.04.2012
for duty link is:
https://www.cybex.in/indian-custom-duty/details.aspx?PRODUCT=cars
Message likes :
1 times
30 April 2012
Ramesh is perfectly correct and I agree with him
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