Hello,
I am planning to buy a watch from a website in US which costs US$ 213 (about INR 12,000). Will any custom taxes be applicable on this? If yes how much would it be ? Any ideas? Is there a minimum limit value in such cases?
Regards
Arvind
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Custom limit
Replies (7)
On Online Personal purchase, Custom Duty is not Leviable , there is i think 2000 is exempted. there after chargeable
| Originally posted by : CA AYUSH AGRAWAL | ||
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Hi, Sorry to get back to you again on this. I checked ebay forum, but some people have mentioned that they had to pay customs on purchase from Ebay US for similar amounts. Plus I found this, dont know if this is relevant or not. https://www.eximguru.com/exim/indian-customs/customs-manual/clearance-by-post.aspx https://wisetechie.com/blog/2008/07/04/online-shopping-and-getting-stuff-into-india-customs/ Regards
Arvind
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Dear, After Modification, Custom Duty is Taken by Postal Shipment Agency Only.
dear Ayush,
Just for my understanding , under which customs notification on line purchase are exmepted and upto what limit.?. pl send the notification to this effect
MY OPINION ,
WRIST WATCHES ARE CLASSFIED UNDER HSN 9102 ATTRACT FULL RATE OF DUTY I.E 28.84%. CVD IN THIS CASE WILL BE CHARGED ON MRP LESS ABATEMENT @ 30%.
MRP WILL BE BASED ON THE NORMAL SALE PRICE OF SUCH WATCHES IN INDIA.
| Originally posted by : Gaurav Dubey | ||
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If the value is less than INR 10, 000/- the custom duty are not levied. |
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Can You Give Here Relevant Notification.
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