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Thursday, July 15, 2010
Global Tax Guru: Customs duty on LED 3D TV is now 26.85%
I did my graduation from IIT Delhi ,Post Graduate Diploma in Supply Chain and Logistics from LIBA Chennai and LLB from CCSU,Meerut.Worked five years in the BHEL then fifteen years in the Customs department.Currently practicing as Indirect Tax Consultant.
Customs duty on LED 3D TV is now 26.85%
LED TVs are technically a member of the LCD TV family. The display screen on a LED is a liquid crystal display the same as it is on any other LCD TV. The main difference between the two lies with different backlighting techniques which may change the picture quality characteristics dramatically ( Source: http://www.lcdtvbuyingguide.com/hdtv/led-vs-lcd.html)
if LED 3 D TV size is below 63 cm then ,it is to be classified under CTH 85287218,
otherwise,it is under CTH 85287219. Total duty @ 26.85%.
No import licence is required.
Regards
Ravindra Kumar
www.globaltaxguru.in
if LED 3 D TV size is below 63 cm then ,it is to be classified under CTH 85287218,
otherwise,it is under CTH 85287219. Total duty @ 26.85%.
No import licence is required.
Regards
Ravindra Kumar
www.globaltaxguru.in
I did my graduation from IIT Delhi ,Post Graduate Diploma in Supply Chain and Logistics from LIBA Chennai and LLB from CCSU,Meerut.Worked five years in the BHEL then fifteen years in the Customs department.Currently practicing as Indirect Tax Consultant.
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