What is the import duty on computer parts?

What is the import duty on computer parts?

Import Duty for Parts under HS CODE 94039000

HS Code 94039000
Customs Duty (\%) 10\%
IGST 18\%
Compensation Cess 0\%
Specific Duty (\%) Not Applicable

How much does customs charge in India?

The Indian government assesses a 1\% customs handling fee on all imports in addition to the applied customs duty. Therefore, for most goods, total duty payable = BCD + Customs Handling Fee.

What is the import duty on computer parts in India?

18\% Custom Duty on Computer Parts in India Import After GST.

What is the custom duty for graphics card in India?

18\% Custom Duty on Graphics Card in India Import After GST.

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Do you pay customs duty in India?

Customs duty: All products, if imported for personal purposes, attract basic customs duty of 10\%. On top of that, you also have to pay goods and services tax (GST) depending on the slab rate fixed by the government. Assessable value is self-assessed by the importer and is accepted by the customs officer.

Why are PC parts so expensive in India?

Because the Government charges custom duties, tax, etc. to bring these components into India and certain vendors increase the price even more because they too need profit. The duties on components can range from 25\% to 35\% of the original cost of the component.

What is the customs duty on laptops in India?

Check Below Explanation of Customs. When laptop arrives in India, UPS team will contact you for signing some documents and ID (Scan copy and original). After custom clearance they will deliver to your address and collect the payed duty and taxes. Basic Customs Duty on Laptops = 0\% of (CIF+L). IGST – 18\% of ( 0+74488) = ₹13,407.

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What is customs duty in India?

How Much Customs Duty You Have to Pay for Importing Goods into India. You have to pay taxes, also known as customs duty, for importing mobile phones, electronics and other goods from a foreign country into India.

Can I import a laptop from abroad to India?

Goods taken out from India by a passenger while going abroad can be imported again into India free of duty provided the passenger had received an export certificate from the Customs in respect of that particular item while going abroad. FAQs on Laptop / Notebook Imports into IndiaImport cost for a laptop in india

What is customs duty for importing mobile phones into India?

You have to pay taxes, also known as customs duty, for importing mobile phones, electronics and other goods from a foreign country into India.