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How much customs duty to be paid on a $600 worth camera imported from USA by UPS?

April 26, 2017Business camera Custom duty Finance India paid taxes

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How much customs duty to be paid on a $600 worth camera imported from USA by UPS?

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I think you are planning to buy digital camera or video camera (handycam). Still image video cameras and other video camera recorders; digital cameras fall under Customs Tariff Head 85254000. Basic customs duty is 12.5 % + 4 % Additional duty + 16 % Counter veiling duty. There will also be 2 % Education Cess on duty. Customs duty is charged on Cost + Insurance + Freight value. Counter veiling duty is charged on CIF + Basic duty. However, if the same model is available in India, i would suggest you to purchase from local market even if at some what higher price as you can purchase after checking the same and you will get after sale service. Also there will be no hassle in clearing the same through foreign post office.