There is reduction in duty at least 4% if goods are imported for selling purpose in India.First you have to pay 4 % special additional duty at the of import and then you have to file refund claim to the customs department. The refund is eligible only when you have claim filed within time limit, Sale invoice proof of payment of sale tax on the imported goods and other conditions of section 27 of the Customs Act 1962( Ref-Notification No. 102/2007-Customs ).
This reduction is on goods imported for trading purpose.The goods for personal use are not exempted from such special duty.
Any claim of refund of excess duty paid for post parcels are to be filed at Foreign Post office only. The reund claim of excess duty for courier goods at Air Cargo Complex.
Wednesday, September 19, 2007
Explore the Cost effective supply chain of the Indian Post to export goods
The postal channel not only costing less duty and transportation cost but also provide value added service for your export need.Specifically,Logistic post and Speed post account are worth exploring. A comparison of cost associated with exporting parcel may be made among commercial parcel companies like FedEx,UPS,DHL and others viz Indian Post.
Indian Post website may be visited for more information. A relevant portion related to speed post is copied here for ready reference.
``For corporate customers and regular users, Speed Post provides many value added services including pick-up from the premises, convenient monthly billings, account management facilities, assistance in import / export procedures of shipments, corporate tracking facilities, volume discounts etc. When you open a Speed Post account, you open the door to convenience and customized solutions, as per your requirements. As an account holder of Speed Post, you will have the assistance of a Marketing Executive in managing your accounts in all respects.
For having the Speed Post account, just fill this form on-line and submit it. We shall get in touch with you soon.``
The entrepreneur may see this link http://www.indiapost.gov.in/LogisticsPost.html to explore possibility of using Postal service.It will be useful information if any body share his experience of using Logistics Post.
Indian Post website may be visited for more information. A relevant portion related to speed post is copied here for ready reference.
``For corporate customers and regular users, Speed Post provides many value added services including pick-up from the premises, convenient monthly billings, account management facilities, assistance in import / export procedures of shipments, corporate tracking facilities, volume discounts etc. When you open a Speed Post account, you open the door to convenience and customized solutions, as per your requirements. As an account holder of Speed Post, you will have the assistance of a Marketing Executive in managing your accounts in all respects.
For having the Speed Post account, just fill this form on-line and submit it. We shall get in touch with you soon.``
The entrepreneur may see this link http://www.indiapost.gov.in/LogisticsPost.html to explore possibility of using Postal service.It will be useful information if any body share his experience of using Logistics Post.
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