Import Duty on Truck Mounted Cranes

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Hello Experts,

 

I want to know how much is the duty levied on imported cranes in India?Other than duty what are the other expenses imposed while getting a crane incountry?Please help.

Replies (5)

WILL U PROVIDE ITC HS CODE NO.????

Hello Sir, thanks for showing interest.As far as i know it comes under category Cranes Lorries.So I researched on net and the code I found is 87051000.

Though this code needs to be verified.

 

Thanks.

dear xsprince ji,

please noted that :-

POLICY FREE

BCD=10%,

ACD=4%,

CESS=.64%

REGARDS,

Sir,

Thnks for the reply.

 

Please provide the long forms of the abbreviations used and also provide brief expalnation of each category below.:

 

BCD (long form??? ) =10%,

ACD(long form??? )   =4%,

CESS(is this custom edu. cess OR Central excise edu. cess??? ) =.64%


also kindly request you to also please provide a example of the total custom duty on cranes if the CIF value is INR 100 based on above percentages.


Thanking you in advance.

BASIC CUSTOM DUTY

ADDITIONAL CUSTOM DUTY

CUSTOM CESS

FOR MORE INFO:- READ CUSTOM TARIFF


CCI Pro

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