Global Tax Guru: Mar 23, 2012

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Friday, March 23, 2012

Customs duty on Mobile phone and smart phone are 1 % Excise duty and 1 % NCCD and 3 % education cess.

It appears that import Customs duty on Mobile phone is 2.06%. Excise duty are also based on MRP price.
Therefore ,one has to calculate duty after giving abatement to declared MRP price.