sona1 (MANAGER) (353 Points)

06 May 2023  

Note that we are holding IEC number ,recently plan we will IMPORT a Machine from THAILAND which Value come in  USD 250000 and for this purpose Party given  Term of Payment 30% ADVANCE  through TT & Balance paid through LC .

Now our Question is for TAX Calculation purpose Party Said CUSTOM charge applicable 0% but  IGST Applicable 18%

For our project purpose how to Calculate this USD to INR   (Including Taxes)