Apply relevant duty rates:Next, determine the applicable duty rates. Basic Customs Duty (BCD) varies depending on the product classification (HSN code), while Integrated Goods and Services Tax (IGST) is levied on the assessable value plus BCD. Refer to the customs t...
Product classification under a proper HSN or CTH is very crucial part of customs processing because they not only determine the tariff or duty rate, but also the end use of the product. The classification of goods for import and export purposes has always been a challenge for businesses due ...
Can importer claim sad refund if he generate sale invoice on the date of duty payment but before ooc date (out of charge date in Bill bill of entry) Avinash Bulani:On 30 June 2015 Hi Sir, Greetings. I want list of all the documents (technical, Commercial & import related) required for...