If you import goods related to beauty and body care then you can import without any duty up to Rs 10,000/- if they are bonafide gifts.If they are imported for personal use than duty is @17.34%. The cosmetic goods are freely importable.No fine and penalty but only duty on these goods
Import for Commercial Purpose
The Drugs and Cosmetics Act 1940 are for regulating and quality of the cosmetic goods.The Standards of Weights and Measures Act,1976 and related rules are for Packaging,labelling and MRP price.In India goods meant for retail selling,then Counter Vailing Duty (CVD) is charged on MRP basis.
A suggestive list for duty on certain goods:
Line make-up preparations @ 34.1307%
Eye make-up preparations @ 34.1307%
Manicure or pedicure preparations @ 34.1307%
Perfumes @ 34.1307%
Hair cream @34.1307%
Hair dyes @ 34.1307%
The effective duty may come down to 30%,if you file refund for 4% ACD after clearance as per procedures.
