Q&A

How much customs do you pay to import goods into India?

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How much customs do you pay to import goods into India?

The rate is 10\% of the value of goods. GST is applicable on all imports into India in the form of levy of IGST. IGST is levied on the value of imported goods + any customs duty chargeable on the goods. GST Compensation Cess is a levy which will be applicable in addition to the regular GST taxes.

Do I have to pay duty on items shipped from USA to India?

And other than customs duty, you’ll have to pay shipping charges, broker fees, countervailing duty, handling charges, CESS and service tax for getting an item into India. There are no taxes on importing books and you may import goods up to the value of INR 10,000 duty free provided they are sent as gifts to you.

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How is customs duty calculated in India?

i. Basic Customs Duty (BCD): This is the tax that is calculated on the Assessment Value of the goods that have landed at the customs border of India. It can vary between 0\% to 100\%. BCD depends upon the HSN code of the product and the Country of Import.

Do I have to pay customs for package from Alibaba to India?

While there is a battle going on between the online and offline retailers in India, there are foreign online entities like Alibaba’s AliExpress who are delivering products to Indian customers. Genuine gifts when imported into India up to a value of Rs 5,000 are exempted from duties/taxes.

How do I avoid custom charges?

There is no way to avoid customs duties, customs officers will check all items entering the country and charges will be applied where necessary. If you simply put ‘gift’ on the customs invoice, this does not mean it will not attract duty as they will still check the value of what is in the box.

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Which goods are exempted from customs duty?

The provisions of Section 25(2) of the Customs Act for exemption from Customs duty are applicable in respect of goods, which are of secret or strategic nature or are meant for being used for charitable purposes. Imports to meet country’s defence needs relating to requirements of armed forces.

Do I have to pay customs if I buy from China?

You’ll need to pay customs duty (or import tax) on any goods you move across the US border from China, though goods from some countries are exempt due to different international trade agreements. The minimum threshold for import tax is $800. Goods valued below that are not subject to duty.

How is customs duty calculated?

How Is Custom Duty Calculated?

  1. The first duty levied is basic customs duty.
  2. 10 per cent social welfare surcharge is levied on the value of goods.
  3. IGST is levied, which is a combination of factors such as BCD, social welfare surcharge and the entire value.
  4. Levy of GST Compensation cess.
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