Memory card duty

Hi.. i want to import memory card from China.. and i want to know how much import duty for this..

in this forum i found its

Basic duty- nil

Central Exices- 3%

Educational cess- 3%

And i searched in cybex.in Hs Calculater found 

CVD Additionl duty-5%

Central Excies Education cess-3%

Customs Education cess-3%

 In DHL the said 9.253% in assessable value.

Now i want to know

My total product value is 600$ for 250pcs

Courier charge 50$

how much duty i have to pay?

also please tell me what is Assessable value?

awaiting for reply?

Replies (3)

MEMORY CARD ITC CODE IS : 85235220

CUSTOM DUTY : ACD 4%, CVD 10%,

EDUCATION CESS: .31%

TOTAL DUTY IS AS PER CUSTOM TARIFF 2011-12 : 15.033%

 

ASSESSABLE VALUE MEANS AFTER IT LANDS IN ANY INDIAN AIRPORT, THE DESIGNATED CUSTOMS OFFICER ASSESS THE VALUE OF THE MATERIAL BASED ON THE ITC HS CODE &  HE WILL CALCULATE THE VALUE OF THE MATERIAL IN INDIAN RUPEES AND THIS VALUE IS CALLED ASSESSABLE VALUE, SO THAT BASED ON THIS VALUE THE CUSTOMS DUTY, CVD AND OTHER STATUTORY CHARGES ARE COLLECTED.

 

 

thanx for your reply... then i think the duty is calulated based on the custom officers calculated value, not based on my invoice value.. right? 

 ACTUALLY CUSTOM IMPOSE  1% LANDING CHARGE  ON YOUR INVOICE AND MULTIPLE IT FROM CURRENT EXCHANGE RATE OF IMPORT NOTIFIED BY CBEC FOR EVERY MONTH.

YOU ARE ADVISED TO IMPORT IT THROUGH DHL OR PAFEX AFTER NEGOTIATE RATE:

https://www.fedex.com/in/

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