Once you locate the HS code for your item, you can look up the duty rate applicable to the goods and start the calculation. Example of Customs Duty Calculation You are planning to ship 2000 Umbrellas, worth TWD 100 each to Taiwan. Step 1: Multiply the Total Value of 2000...
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12...