20 June 2022 0:06

What is the import duty on computer hardware in India?

Import Duty for Parts under HS CODE 94039000

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

What is the rate of import duty in India?

Types of custom duty in India

Type of custom duty Rate
Basic Customs Duty (BCD) BCD is decided according to the HS code of the product and its origin. It can be from 0% to 100%.
Countervailing Duty (CVD) 0% to 12% depending on the product
Special Additional Duty (SAD) 4% where applied

What is the customs duty rate in India for electronic goods?

About 85% of telecom equipment in the country is imported and basic customs duty (BCD) of 20% is levied on them.

How much customs duty will I pay in India for laptop?

Generally, the customs duty for importing a laptop from the USA to India is 28% and can be split as below; 10% BCD. 1% HEdu Cess. 2% Edu Cess.

How much electronics can I take to India?

One of the benefits is being able to bring electronics to the nation duty-free. You can bring a Laptop, Personal Computer, Air Conditioner, Video Cassette player, Microwave Oven, Music System, Electrical Cooking Range, and some other items. The limit of duty-free items is Rs. 60,000 if your stay is from 3-6 months, Rs.

How do I calculate customs duty?

To find it, visit the customs or trade tariff page on the government website of your destination country. You can usually search for duty rates using an HS code or product description. For example, the duty percentage, or trade tariff, rate on a woman’s T-shirt entering the UK from the US is 12%.

Can we import used laptops in India?

The import of used laptop is permissible subject to govt. sanction and restrictions imposed while selling the same. 1) There is a ban on import of second hand computers and computer peripherals now.

How can we avoid import duty?

Tell the seller explicitly that the item is for personal use. Import duties typically apply to items imported for commercial use (business or resale)—not personal or retail sales. If you’re importing something for your own personal use or as a gift for someone else, you don’t have to pay them.