Saturday, March 06, 2010

Customs duty on LCD TV is now 26.85%

After current budget ,LCD TV attract duty @ 26.85 %. This duty is same if you are importing through air cargo,sea cargo and Courier. Further LCD TV is MRP item. To calculate CVD, whether it is based on basic customs duty or value arrived after giving abatement of 30% on MRP.
one can explore my website www.globalatxguru.in ,or, www.ebay.globaltaxguru.in for more information.
Regards
Ravindra Kumar

Customs duty on mobile phone,smart phone,iphone is 1%

Customs duty is reduced on mobile phone after this budget. Now customs duty is only 1% and it is base on MRP price. To calculate duty, abatement of 35 % is given on MRP price. Now spl CVD is removed on mobile phone, smart phone , iphone.
Ravindra Kumar