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Ankit Rajput (student)     23 October 2012

Excise duty

actually i want to know that if someone from US courier me iphone5 to here at my place in Mumbai what are the extra cost i have to bear appart from iphone 5 .

hope for a reply


 



 4 Replies

saranraj

saranraj (CA FINAL)     23 October 2012

Hi Ankit,

I bought a laptop worth 18000INR from US. I paid Rs.4200 as customs duty.

So u might be asked to pay 25% or more of the value of IPHONE as customs.

 

Thanks,

Saran.

 

1 Like
Rama Krishnan

Rama Krishnan (MBA)     23 October 2012

I PHONE ATTRCT 2% DUTY ON MRP LESS ABATEMENT @ 35%.  ( 1% CVD AND 1% NCCD)

MRP WILL BE ASSERTAINED AT THE PRICE AT WHICH NORMALLY IT IS SOLD IN RETAIL, IN INDIA .

1 Like
aman manchanda

aman manchanda (completed B.COM HONS and ca final first group)     24 October 2012

First of all iPhone and electronic gadgets can't be courierd

My bro also lives in USA

he came India on 2 nd dec 2011 then he gifted me iPhone 4s

i would recommend u to buy from India only bcoz if ur some hardware probs crops up to ur phn then no one in India will repair iITSM choose ur decision wisely

 

1 Like
Rama Krishnan

Rama Krishnan (MBA)     24 October 2012

@ AMAN- WISE ADVISE


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