hello guys 3 of my friends are going to thailand to get the ps vr on 13 oct, is it possible to get this without paying customs ?
Customs duty is 42% for things which cost more than Rs 2,000 below RS 2,000 it's duty-free and you'll need a credit card for payment when buying from sites not based in India.
Also,foreign currency transaction ($ to Rs) attracts markup charges, which is 3.5% of the transaction amount plus applicable government service tax 15%.
You'll have to pay from 2,000Rs to 5,000Rs more depending upon size and weight of the item as shipping charges.
Total:42+15+3.5=60.5% more than orignal price
I wonder if the 15% ST is on the 3.5%(of the total purchase amount) or on the total purchase amount itself?15% ST would be on 3.5%. Technically making it 4%.
The information presented by you is wrong.I wonder if the 15% ST is on the 3.5%(of the total purchase amount) or on the total purchase amount itself?
Why don't you call them and ask them about it?
They also have a toll-free number.
http://indianexpress.com/article/te...-dont-make-your-tech-imports-cheaper-2994266/The information presented by you is wrong.
Firstly 42% duty will not be charged as that limit has been raised from 2000 to 50000..
Please read properly what I have written.
You need to challenge their valuation and send them a copy of the latest DGFT notification and make them change the duties levied.I bought a controller from play-asia.com on 1/9/2016. Price: $115; Shipping: $78. A customs duty of $80 was levied which comes to 42% of (115+78).
They have no idea of the change. When I sent them, got no reply. If you are in the same city you can go and tell. Or just bribe them lolYou need to challenge their valuation and send them a copy of the latest DGFT notification and make them change the duties levied.
However, most people don't want to waste more time for 10-14% as it does take some effort to make them heed the laws, which is ironical considering that is their job.
What if I get my friend assemble my pc there and then get it shipped here? Will I still be charged 14.71% ?[DOUBLEPOST=1478104645][/DOUBLEPOST]And how will they determine the value of fully assembled pc since there would be no invoice?I am sorry for providing outdated information.
Here,this will clear many things up "http://www.labnol.org/india/custom-import-duties/19306/".
I also agree with the 15% ST is charged on the 3.5% of the price of the item.
So that would make it 28.852% of X +3.5% of X +15% of 3.5%, where X= Accessed value of item including shipping charges.
Or you could get the computer completely assembled then get it imported to India this way you will only be charged 14.712% as customs duty.[DOUBLEPOST=1475948110][/DOUBLEPOST]But there might be some warranty issues since you will not be having the invoice for each component.