Import for personal use

The Import Duty has collected by Customs Department on the time of the goods landed in India.

Calculation Duty for Memory Card( Micro SD is Covered under)

Assessable is always calculated on Actual Value + 1% i.e, 5000+1%=5050

Basic Duty is Nill

CVD Additional duty is 6% i.e, 5050*6%=303

Add: Central Excise educational cess of 3% on CVD Duty i.e, 303*3%=9.09

Add: Customs education cess of 3% of total tax calculated i.e, (Basic Duty + CVD duty +Central Excise edu Cess) =(0+303+9.09)*3%=9.36

Then Total duty for Micro SD is 321.45