January 9, 2010
what are the import tarrifs for importing RFID tags in india suggest a site where i can find them?
I am working on a business plan which involves import +re processing of RFID tags in india, and need help on what tarrifs do i face i am importing from Switzerland.
Tags: business plan, india, rfid tags, switzerland.
Filed under Blog by admin on Jan 9th, 2010. Comment.
Comments on what are the import tarrifs for importing RFID tags in india suggest a site where i can find them?
First of all U R required to classify the said product under Customs Tariff Heading.The import duty can be worked out thereafter.In India; in addition to Customs duty; the goods are also liable to counter veiling duty equal to central excise duty and special additional duty.
As far as reprocessing of tags in India is concerned; it is to be examined as to whether the process amounts to manufacture under excise law of India or not ; for which full process will be required from your end.Refer to http://www.allindiantaxes.com for all about customs & excise of India