Vivek Batra
Well-Known Member
50k
Import formalities
- Thread starter Vivek Batra
- Start date
Vivek Batra
Well-Known Member
Hi depends on the airline only.
Just a dumb ask. When you carry the product, will the product cost calculated based on the direct conversion of USD to INR? Say for example, can I bring a product from US for the price worth up to 650$ USD? without explicitly declaring it? And, if I have to declare it in the customs form, do I need to mention the value beyond that 50K limit? for example, if I buy a product with invoice of 1000$ USD and if limit is 650$, can I just declare the value as 350$ and for that customs of 50% or 75% whatever, will be levied? Please advice.
Vivek Batra
Well-Known Member
The custom duty is calculated at the value (@ current conversion rate) minus free allowance e.g. 50k. So you would declare full value.
I have an IEC - when I applied online, remember that they use IE6 or some ancient browser and it took a lot of crafting of the submission before I could save my application but it could be done. It arrives by mail. The main hurdle is finding a reliable carrier for your goods. (National Post is not courier and courier is not a carrier and the mode of entry/clearance alters the duty payable). If you are importing via ChinaPost then the duty is different from a carrier/Bill-of-lading. (Courier is just a different form of Postal Imports) For self-clearing another hurdle is getting a Class 3 digital certificate - costly.
Current rules for Postal Imports allow ANY AMOUNT of imports at roughly 75% duty (i don't recollect exactly but it's very high) There's no gift etc and all that sample stuff does not strictly work though the department may chose to ignore you. To avoid duty make sure your import duty is <100/inr
Duty is calculated on CIF
Current rules for Postal Imports allow ANY AMOUNT of imports at roughly 75% duty (i don't recollect exactly but it's very high) There's no gift etc and all that sample stuff does not strictly work though the department may chose to ignore you. To avoid duty make sure your import duty is <100/inr
Duty is calculated on CIF
Srinivasa Rao
Active Member
Hi guys. This might be an off topic question. I'm looking at importing a photography tripod from Amazon US website which mentions as free shipping when I key in my Mysore address. So I tried to check this out and added my card details and address. At final page of placing order it still says Shipping and handling charges as 0 dollars. Does this mean that I won't be charged any customs or still I need to pay for customs. Value of the item is 20K. Below is the link. Please help me friends.
I was told by a friend of mine that they charges the custom duty once the item arrives at Bangalore and duty is evaluated by the officials.
Srinivasa Rao
Active Member
I'm of the opinion that customs will be taken care of by Amazon. Correct me if I am wrong.
You are right, Amazon will take care of everything. Once the duty is finalized, they will charge you the final amount and deliver the package to you.
sud98
Well-Known Member
Normally, the order mentions the import fees and shipping costs and a deposit to cover any misc. charges. If the actuals are lesser, they refund the money back. This is how it has been for me for all items in Amazon.com. This is a strange order (I ended up buying and then cancelling) as it doesnt have shipping or import fees and seems to be all inclusive. If in doubt, reach out to Amazon support and they should be able to help.
Srinivasa Rao
Active Member
Thanks for your explanation. Did you mean that you ordered this tripod and then cancelled it? Also, by suggesting to contact Amazon, do you mean by Amazon India or the US.
sud98
Well-Known Member
Contact Amazon US, you can do so after placing the order too and cancel it if you are not happy about it. Yes, I ended up ordering the tripod and cancelling it
liverpool_for_life
Well-Known Member
Just got my latest speaker shipment from the US. Clearance through Customs was delayed as assessing officer was insistent that HS code 7804 ought to be applied because the items were for personal use. I had a valid IEC, but I was told that it didn't matter.
Finally, found this official Customs documentation (https://www.cbic.gov.in/resources//htdocs-cbec/customs/cst1718-020218/Chap-98-01052018.pdf), which makes it quite clear (under Note 6) that HS code 9804 cannot be applied to items brought in under an import license.
Thank goodness for this, otherwise I was looking at 77% rate of duty!
Many thanks to FM @Vivek Batra for his help with my IEC application.
Finally, found this official Customs documentation (https://www.cbic.gov.in/resources//htdocs-cbec/customs/cst1718-020218/Chap-98-01052018.pdf), which makes it quite clear (under Note 6) that HS code 9804 cannot be applied to items brought in under an import license.
Thank goodness for this, otherwise I was looking at 77% rate of duty!
Many thanks to FM @Vivek Batra for his help with my IEC application.
Vivek Batra
Well-Known Member
Your welcome @liverpool_for_life. Always happy to help.
Decadent_Spectre
Well-Known Member
Just came across this thread. 77%? I've always paid about 30%, have the rules changed? What is the duty % now for audio equipment?
sud98
Well-Known Member
Its still 30% (10% Customs Duty + 18% GST) on the landed price (Invoice+shipping cost) unless its in a special category(Like TV's/mobiles...)
liverpool_for_life
Well-Known Member
There was a CBDT circular first half of last year regarding the imposition of tariffs on items under Rs. 5,000 being imported as gifts. Unfortunately, that circular has been taken to apply to all personal imports, from the experience of myself and others.
Effective rate of import duty for my loudspeaker import late last year was ~38% (on invoice value + shipping). And that was with an IEC. If not, I'd suggest being prepared to pay a flat rate of 77%, regardless of what you bring in.
mandeep
Active Member
Hello everyone,
Recently imported some sony zx707 digital audio player protection cover cases from Amazon japan, Total amount was around Rs 5000/- only. It was sent via DHL from Amazon japan.
I got this message from DHL
"The KYC process is required to initiate customs clearance of parcels -- not documents or letters. Please note: books are parcels. You may access KYC forms at www.dhlindia-kyc.com.
In some states, interstate regulatory paperwork/permit (IRP) may be required following customs clearance. If IRP is required, you will receive a call from DHL. To find out if IRP is relevant to your shipment, please visit https://www.dhlindia-kyc.com/RegulatoryRequirements-IRP.htm."
I submitted the KYC documents on their website via the link above.
But the link for "IRP" gives server error 404.
The package was delivered yesterday. All went ok. No additional amount was asked by DHL.
Does IRP needs some additional state wise duty/tax to be paid by the customer?
I reside in Punjab.
Now I want to import a double cassette deck amounting to Rs 43000/- all included (Including import duty and shipping cost) from Amazon japan.
Read somewhere that above Rs 10k there are some forms to be filled for Punjab state, but not clear if some additional duty is to be paid.( See attachment)
If you have experience/ knowledge, please help.
Thanks in advance
Recently imported some sony zx707 digital audio player protection cover cases from Amazon japan, Total amount was around Rs 5000/- only. It was sent via DHL from Amazon japan.
I got this message from DHL
"The KYC process is required to initiate customs clearance of parcels -- not documents or letters. Please note: books are parcels. You may access KYC forms at www.dhlindia-kyc.com.
In some states, interstate regulatory paperwork/permit (IRP) may be required following customs clearance. If IRP is required, you will receive a call from DHL. To find out if IRP is relevant to your shipment, please visit https://www.dhlindia-kyc.com/RegulatoryRequirements-IRP.htm."
I submitted the KYC documents on their website via the link above.
But the link for "IRP" gives server error 404.
The package was delivered yesterday. All went ok. No additional amount was asked by DHL.
Does IRP needs some additional state wise duty/tax to be paid by the customer?
I reside in Punjab.
Now I want to import a double cassette deck amounting to Rs 43000/- all included (Including import duty and shipping cost) from Amazon japan.
Read somewhere that above Rs 10k there are some forms to be filled for Punjab state, but not clear if some additional duty is to be paid.( See attachment)
If you have experience/ knowledge, please help.
Thanks in advance
Attachments
Vivek Batra
Well-Known Member
Nothing to be paid. Just enjoy your purchase.
Order your Rega Turntables & Amplifiers from HiFiMART.com - India's reputed online dealer.
