Rate of custom

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CA.Kanhaiyalal Gupta (Querist)
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23 April 2012 Dear all,

I need following clarification:-

1) What is the custom duty rate on imported Luxury vehicle till 31.03.2012

2) What is the custom duty rate on imported Luxury vehicle after 01.04.2012.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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24 April 2012 imported new luxury cars (with engine capacity of over 1,500 cc) attract over 100 per cent duty. It includes basic import duty of 60 per cent, besides countervailing duty or CVD (imposed in lieu of excise duty on same product produced in India), special additional duty and education cess.

01.04.2012

for duty link is:

http://www.cybex.in/indian-custom-duty/details.aspx?PRODUCT=cars

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