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Effective rate of custom duty

16163 views 24 replies

Adv. S Sharma

Lawyer

574 Points Joined October 2007

PLZ FILL THE BLANK

Customs duty rates in India are still high. Apart from the basic customs duty (10%), the additional duties to countervail excise (14.42%) and value added tax (VAT) (4%) are also levied. A further education cess at the rate of 2% and secondary and higher education cess (SHE Cess) at the rate of 1% is levied upon the total value of duties of customs excluding VAT component, taking the total rate of duty to ................................% (LAST YEAR IT WAS 34.13%).

PLZ TELL ME HOW TO CALCULATE THIS ??????

THX

Replies (24)

Adv. S Sharma

Lawyer

574 Points Joined October 2007

hi it is 31.703 %

Guest

425405 Points Joined August 2012

Dear Sir,

Kindly metion how to calculate the Custom Duty with an Example

vardan sharma

Company secretary

160 Points Joined April 2008

Pls send me this querry on vardansharma @ gmail.com. I will send u an excel sheet with example.because sending attachment on this site is not possible

Guest

425405 Points Joined August 2012

hi, pl send me simple worksheet for customs duty calculations. thanks

Guest

425405 Points Joined August 2012

how much custom duty i have to pay if i bring cell phones from china ?

Guest

425405 Points Joined August 2012

please tell me the detail of import duty on woollen yarn

Guest

425405 Points Joined August 2012

Originally posted by :Guest
"	hi, pl send me simple worksheet for customs duty calculations. thanks	"

Guest

425405 Points Joined August 2012

Originally posted by :Guest
"	hi, pl send me simple worksheet for customs duty calculations. thanks	"

Guest

425405 Points Joined August 2012

Hi, i want to same formate and how to calculate costome duty and how to rembursment of add. duty for purchase of goods my mail address is miteshmerwana @ gmail.com Plese send me on my mail also thanks mitesh shah