Custom Duty on Mobiles increased to 18.18%

avi

Skilled
Nov 23, 2010
4,179
1,738
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Received an email from SnS, notifying:

The duty rate on mobile phones has increased to 18.18% on the assessable value.

:mad:
 

rdst_1

Skilled
May 10, 2009
3,387
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But I don't remember there being an increase in custom duty in the budget. Plus no such indication from PPOBox yet.
 

blr_p

Skilled
Apr 11, 2007
8,735
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But I don't remember there being an increase in custom duty in the budget. Plus no such indication from PPOBox yet.
exactly, when they upped it to 7% i recall an article in the paper, maybe this is in anticipation.
 

mh09ad5578

the aRchiTect!
Adept
Sep 23, 2007
464
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Chitradurga
Well unless u buy a note 4 for 800$ I don't see that happening
if you have brought phones on SnS you would know that they charge customs on the price of the new phones retail value in India irrespective of the price you paid for it new or used! So they would charge customs duty at 45-50 odds K that the note 4 retails in India-around 10K !even though I would buy it for around 400$+shipping charges around Rs 2000.total cost around 40k!that would make no economic sense!
 

blr_p

Skilled
Apr 11, 2007
8,735
1
3,044
376
if you have brought phones on SnS you would know that they charge customs on the price of the new phones retail value in India irrespective of the price you paid for it new or used! So they would charge customs duty at 45-50 odds K that the note 4 retails in India-around 10K !even though I would buy it for around 400$+shipping charges around Rs 2000.total cost around 40k!that would make no economic sense!
When i asked a customs officer this question he said duty is based on the price you paid + landing costs.

if you have the paperwork there is no issue, otherwise ....