chetansha
Skilled
http://gadgets.ndtv.com/mobiles/news/budget-2013-impact-mobile-phones-set-to-become-costlier-336576
Duty increased from 1% to 6%
Duty increased from 1% to 6%
Prices set to raise on imported handsets
- Thread starter chetansha
- Start date
Chor Govt
God Bless America and God help India
Its Time for one to leave County and Settle Abroad
Spacescreamer
ex-Mod
^ They all basically are in cahoots and lookup ways to mint money at whatever ways possible.
No wonder the govt cannot disclose the details of the a/c holder of swiss bank accounts. Imagine all that money flooding in and putting things in place..
No wonder the govt cannot disclose the details of the a/c holder of swiss bank accounts. Imagine all that money flooding in and putting things in place..
eternoMind
Skilled
Correct me if i am wrong, but the increase in duty is on all mobiles priced above Rs. 2000, right?
The duty on importing phones remains the same at 2 %.
The duty on importing phones remains the same at 2 %.
raksrules
Elite
Not sure but just got an email from SNS that wef 1 March duties are increasing and they shall send the revised rate card soon.
rdst_1
Skilled
Both import duty and excise duties have been increased to 6% for mobile phones above 2k.
eternoMind
Skilled
Damn... that'll mess up quite a few calculations from now on !
Aman27deep
Skilled
Buy your phones before the 31st of March/1st of April when this rules becomes applicable. I'm going to do my best and buy the Xperia Z before that, unless the Galaxy S4 reveal is something special.
veer_singh
Adept
The cutom duty was increased from 2% to 6% , when is the next budget ?
The cutom duty was increased from 2% to 6% on cellphones , when is the next budget ?
they charged 2.1k on iphone 4S
Is it going to be back or less
The cutom duty was increased from 2% to 6% on cellphones , when is the next budget ?
they charged 2.1k on iphone 4S
Is it going to be back or less
Aman27deep
Skilled
Next budget is next year?
New rule doesn't apply until the 1st of next month.
New rule doesn't apply until the 1st of next month.
But SNS claims it would be from today. One of my friends got an email with the same.
Dont expect duty to come down next year. But he should have levied the tax on 10K plus phones only. Most of us tot phones around the 10K mark.
Dont expect duty to come down next year. But he should have levied the tax on 10K plus phones only. Most of us tot phones around the 10K mark.
veer_singh
Adept
Its already in effect from today , I got charged 2100 as duty , before it was 600rs .
W.E.F 1st March 2013
- - - Updated - - -
1year
Aman27deep
Skilled
Can they do that? I'm not sure. I'm sure all laws are applicable from the next fiscal year.
mjumrani
Skilled
You forget that this is India. Any chance to mint money shall be taken and so the custom officials do it.
I was lucky with my iPhone
tech.addict
Skilled
New Customs duty is ALWAYS effective IMMEDIATLY after announcement. They take about 24 hour to update their system. Also it is applicable throughout the country
Being.smart
Adept
Custom is effective since 28 feb mid-night..
i was thinking that 6% is increase in excise not custom duty.
Anyway do you have papers of custom clearance ? , there might have indicated the duty.
i was thinking that 6% is increase in excise not custom duty.
Anyway do you have papers of custom clearance ? , there might have indicated the duty.