we are a manufacturers.we would like to import used rails. what will be the hs code for the used rail?what will be the import duty applicable on the cif value?
Menu
Customs tariff on used rail import.
Replies (5)
HS CODE IS 8601
DUTY WILL BE :
BCD 10%,
CVD10%,
SPECIAL CVD4%,
CENTRAL EXCISE EDUCATION CESS:3%,
CUSTOM EDUCATION CESS 3%,
what would be the chapter heading
Dear Experts,
Just saw your communications.
I have used rail to sell out side india.
But understood it is not allowed to import at all.
Is it correct please guide.
thanks!
asad
@ asad There is no restriction in import of used rail into India. If yes please provide circular. Its allowed with bcd at 10 per cent extra.
@ asad if u have used rail In India we can b ur potential buyer.
Recent Topics :
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
Related Topics :
CAclubindia
