Import of Second Hand Machinery Into India
Raghav (Logistics) (42 Points)
07 October 2010Raghav (Logistics) (42 Points)
07 October 2010
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 09 October 2010
MR. RAGHAV,
I FOUND THAT AFTER CHECKING THE TARIFF AND SITE FOUND THAT:-
RITC HS CODE NO:- 84807900 , (THIS ITEM FALLS IN OTHERS)
UNIT (KGS)
IMPORT POLICY :- FREE
CUSTOM DUTY :-
BCD:- 7.5%
CVD:- 10%
SPECIAL CVD:-4%
CESS ON CVD:-3% AND
CUSTOM EDU. CESS:- 3%,
TOTAL DUTY :- 24.01% (CIF VAlue)
IMPORT PROCEDURES:-
Goods are imported in India or exported from India through sea, air or land. Goods can come through post parcel or as baggage with passengers. Procedures naturally vary depending on mode of import or export. Procedures discussed in this Chapter are applicable for imports by sea, air or land, but not as baggage or postal despatch.
Entry – ‘Entry’ in relation to goods means an entry made in a Bill of Entry, Shipping Bill or Bill of Export. It includes (a) label or declaration accompanying the goods which contains descripttion, quantity and value of the goods, in case of postal articles u/s 82 (b) Entry to be made in case of goods to be exported (c) Entry in respect of goods imported which are not accompanied by label or declaration made as per provisions of section 84. [section 2(16)].
Amendment to documents - Importer, exporter or 'Person In charge' have to submit various documents to customs authorities like Bill of Entry, Import Manifest, Export Manifest etc. Some times, it may become necessary to amend the document due to various reasons like change in classification, clerical mistake in document, change in unloading / loading plan of vessel etc. In such case, permission to amend these documents have to be obtained from customs authorities. [section 149]. Such permission can be given if there are no fraudulent intentions.
In case of bill of entry, shipping bill or bill of export, it can be amended after clearance only on the basis of documentary evidence which was in existence at the time the goods were cleared, warehoused or exported, and not on basis of any subsequent document. [proviso to section 149].
FOR MORE INFO:- LOG ON TO :
https://www.cbec.gov.in/cae1-english.htm
REGARDS,
RAMESH VERMA
Raghav
(Logistics)
(42 Points)
Replied 11 October 2010
ASHOKKUMARSAINI
(partner)
(63 Points)
Replied 27 October 2010
you can import second hand machiney in india but chartered enineers certificate is mandatory
if you do not have it can also obtained in india form certified agency before clerance.
rgds.,
C. A. ASHOK KUMAR SAINI
ajit gahine
(manager)
(21 Points)
Replied 19 January 2011
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 21 January 2011
AJIT G,
LINK IS :-
https://www.infodriveindia.com/exim/guides/how-to-import/ch_19_custom_clearance_of_imported_goods.aspx
IF U HAVE ANY QUERIES PLS TELL,
REGARDS,
VINAY KUMAR WADHAWAN
(Proprietor )
(25 Points)
Replied 28 July 2011
I am a CHARTERED ENGINEER whose certificates are accepted by Customs Department in NCR - AIR Cargo, New Delhi , ICD , TKD , New Delhi , Container depot Surajpur , Ghaziabad , CFS Patparganj , Garhi Harsaru, Rewari etc.
For all your needs of CHARTERED ENGINEER certification for import of second hand machinery in NCR , please contact me
V.K.WADHAWAN
CHARTERED ENGINEER
9811016500 , M 165 , GREATER KAILASH-II , NEW DELHI
E mail Id; wadhawan2011 @ gmail.com
WEBSITE ; www.wadhawanonline.com
SANJAY DESHPANDE
(prop)
(24 Points)
Replied 01 December 2011
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 16 October 2012
SIR, WHAT IS YOUE CHARGES FOR AUTHENTICATE THE FORM-32A AND 31A
SANJAY DESHPANDE
(prop)
(24 Points)
Replied 16 October 2012
Originally posted by : RAMESH KUMAR VERMA | ||
SIR, WHAT IS YOUE CHARGES FOR AUTHENTICATE THE FORM-32A AND 31A |
SANJAY DESHPANDE
(prop)
(24 Points)
Replied 17 October 2012
THANK YOU Mr Vermaji
Chartered engineer should be enlisted at that port of delivery.
Details required from importer for custom purpose
For Imported old & used machinery
1. Year of Mfg (YOM)
2. Type of machinery
3. Make /model / Sr no/country of origin
4. Original price at YOM- FOB / CIF
5. Current price if purchased now- FOB / CIF
6. Residual life
7. Condition of the machinery
8. If reconditioned then - Year/Area/Cost of the reconditioning
9. Photographs/Manual/Brochure if any
10. Standard accessories or parts if any
11. Bill of Entry/Bill of Lading/Invoice/Packing list
S.D.DESHPANDE-094 222 58807
Shaik Mohammed Gouse
(Prop)
(21 Points)
Replied 01 November 2012
Hello Sir,
We wore planning to import a "used granite gang saw machine and used granite line polishing machine from Italy the party from italy has send use quotation for both machines ( CIF Chennai Port Price as 25,000 Euro), please assist me what are the import dutys for used machines and other charges which i have to pay for relising of the machine,
waiting for your reply
Warm Regards,
South Tech Machines
INDIA
SANJAY DESHPANDE
(prop)
(24 Points)
Replied 04 November 2012
Originally posted by : Shaik Mohammed Gouse | ||
Dear Sir, In case of secondhand machinery, FOB + @ 20 % FREIGHT + @ 1.125 % INSURANCE = CIF VALUE When machine landed into india Chartered Engineer Assessed this FOB/CIF value. On this Assessed Value @ 26.85 % custom duty is to pay. Demurrage to be paid if delay in release of goods. If you are in export business,you can import secondhand machinery in EPCG scheme under Export Obligation. S.D.Deshpande 094 222 58807 sanjaydeshpande63 @ gmail.com |
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)