I need to import a liner which falls under 10 % import duty and 18% gst.
Will only these two taxes be charged or some other duities too at the time of import?
Menu
Import duties post gst
Replies (2)
Madam
For import you need to pay basic Customs Duty BCD,Social Welfare Surcharges @ 10% and IGST, IGST Compensation Cess may be paid if applicable.
Recent Topic
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
Related Topics
CAclubindia
