What will be the custom duty ?

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Siddhu (Querist)
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25 September 2012 Hi

i want to buy this item from ebay :-

http://www.ebay.com/itm/Pet-Dog-Puppy-Cat-Chews-Throw-Rope-Disc-Flyer-Toy-Dog-Training-Frisbee-Toy-/300689193628?pt=LH_DefaultDomain_0&hash=item460278fa9c

It says free shipping and total cost $2.57 and free shipping from China. I want to know how much extra Rs. i have to pay for this single item as custom duty,taxes etc. ?
Please reply as soon as possible.

U S Sharma

U S Sharma (Expert)
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25 September 2012 see the exclusion list on ebay , india is excluded in their list, so when you can not buy goods from india, question of customs duty does not arise.

Rama Krishnan

Rama Krishnan (Expert)
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26 September 2012 Agree with Mr Sharma.

Just for undestnading, if imported from anotherr source, then the duty levy will be peak rate, the peak rate of customs duty in India is 28.84% on CIF+1%

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Siddhu

Siddhu (Querist)
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26 September 2012 Thanks US Sharma and Rama Krishnan.
But If you see clearly,India is not excluded from the list.
Please tell whether Custom duty,tax etc. can exceed the MRP of product.
e.g. If product price is rs . 150, How much extra amount(taxes, custom duties) one have to pay??

Rama Krishnan

Rama Krishnan (Expert)
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26 September 2012
Dear Siddhu,

1. Normally the peak customs duty rate are 28.84% , this is charged on CIF +1%.

2.Some selecteditems attract CVD on MRP less abatement @ 35%.

3.Customs Dept may accept the value at which it is imported or if they find the import prices are incorrect , may assess based on normal import and trading prices of such goods.

Siddhu

Siddhu (Querist)
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26 September 2012 Hey Rama Krishnan
I appreciate your support.
So, you are saying that if i buy this item of Rs. 150 then at maximum i have to pay 35%(i.e. Rs. 52.5) as custom duty,taxes,vat etc.
It is a product made of rope and cotton.You may know under which category it falls.

Rama Krishnan

Rama Krishnan (Expert)
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27 September 2012
TOYS, GAMES, SPORT REUISITES AND ITS PARTS AND ACCESSORIES FALLS UNDER CHAPTER 95 OF CUSTOMS TARIFF HEAD AND WHICH GENERALLY ATTRACT PEAK RATE OF CUSTOMS DUTY. FURTHER YOU MAY GIVE A CATAGOUE OF THE PRODUCT TO YOUR CUSTOMS CLEARING AGENT, HE WILL CONFIRM THE CUSTOMS DUTY RATE AND ALSO WHETHER THE IMPORT PRICES WILL BE ACCEPTABLE TO CUSTOMS..