| Import Calculation at Indian Port |
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(1) Intl.Offrs of at CIF NS,India -$/mt :
(2) Custom Exchange Rate 1 $ =Assessable ValuePort Charges 1% Landing Charge of CIF(A) (CIF Value + 1% Landing Charge of CIF)( B) Basic Duty (A) x Basic Duty [email protected] % OR 7.5% OrSpecified in Custom declaration( Depending upon Origin & Make) (A) x Pref. Duty Rate (C) IGST: Additional Duty (A+B) x IGST Rate @ 18% (D) Central Excise Edu Cess(C) x Central Excise Edu Cess rate ( E ) Customs Education Cess(B+C+D) x Customs Edu. Cess rate (F )Social Welfare Surcharge – Special Duty (A+B+C+D+E) x Social Welfare Surcharge @ 10 % Total Custom Duty: (B+C+D+E+F) (1) Intl.Offrs of at CIF NS,India -$/mt :(2) Custom Exchange Rate 1 $ =Assessable ValuePort Charges 1% Landing Charge of CIF (A) (CIF Value + 1% Landing Charge of CIF) ( B) Basic Duty |