We want to import from China down below products did our products comes under RSP products like Mobile Cell, PCB, HSg, etc 1) are they RSP products want to know 2) if no, excise duty is applicable 3) If yes, how much will be the excise duty 4) and if yes for excise duty and we put MRP stickers how much percentage we have to pay excise because while importing we are paying custom duty
20 November 2013
Rate of duty will be depend upon the classification of goods. If you have to cleared the goods under retail sale price then it will be count as a deem manufacture and ssi exemption will be available upto 1.5cr.