Hello Sir,
I would like to know that if i import Cotton Caps , hats , Purses , Socks from China (NINGBO PORT) to MADRAS PORT.
Invoice amount - 8034 USD
What will be the DUTY ill be implied to pay ? Based on What Procedure or Formula the duty will be calculated?
I have seen one system in excel where duty is calculated .. but i would like to know from you professionals.
I will be really helpful if you could tell me the procedure of calculating the duty.
Thanks!
for quick reply provide ITC CODE .
One of the Categories HS code is 6116
I would like to know that in which Category the Cotton Caps and Cowboy Hats come as i am confused.
Kindly, let me know.
Regards
you can take it in others and cutom duty is:
BCD:10%,
CVD 10%,
CEN EXCISE DU. CESS 3%,
CUSTOM EDU CESS 3%,
SAD 4%,
IF YOUR CIF VALUE IS RS. 100, CUSTOM DUTY WILL BE RS. RS. 27
AND CAN CALCULATE YOUR SELF THE DUTY FROM THE BELOW MENTIONED LINK:
https://www.cybex.in/indian-custom-duty/Duty-Calculator-61169990.aspx
Thank you for quick response.
I have been just a day ago to that website and it's great.
I appreciate the way you've responsed and given your time for my query.
Regards :)
thanks.
CAclubindia
