Calculate Custom Duty and IGST on Bill of Entry in India | in Hindi | Easiest Method | SCY016

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  • čas přidán 1. 08. 2022
  • How to calculate Custom Duty & IGST on Imported Products in India
    Team
    SCY
    Email : supplychainyukti1@gmail.com
    Your kind suggestion and advises are always welcomed.
    To connect with us, please email us @ supplychainyukti1@gmail.com
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Komentáře • 78

  • @MaalaxmiTrader
    @MaalaxmiTrader Před 4 měsíci +1

    Aapka video mai dekhi bahut kuch samajh me aaya ek question h sir
    Kon se product pe kitna custom duty lagta h
    Example glue+ electronic+sanitary items

  • @manipatil8838
    @manipatil8838 Před 11 měsíci +1

    Tq so much sir i joined new company accounts department today my table side one import bill comeing but not understand that bill now i see this video tomorrow that entry i will bokked sir thank you so much once again ❤️❤️❤️

  • @rameshacharya6941
    @rameshacharya6941 Před 4 měsíci +2

    अाइटमवाइज बनाते ताे बहुत अच्छा हाेता हमारे लिए ताे ।

  • @Chandrapoint
    @Chandrapoint Před 6 měsíci

    Nice information thanks

  • @saralcommerceclasses
    @saralcommerceclasses Před rokem +1

    Sir, one of the best and simplest explanation. Excellent

  • @manojkhurana1
    @manojkhurana1 Před 2 měsíci

    Well explained

  • @ravindrasinghwal4913
    @ravindrasinghwal4913 Před 11 měsíci

    Thanks a lot sir ji

  • @dkdent9612
    @dkdent9612 Před rokem +1

    A lot of thanks

  • @shrutikahadawale6142
    @shrutikahadawale6142 Před 10 měsíci

    Sir please export checklist calculation kai bare mai bhi video create krna

  • @chakravertisharma9440
    @chakravertisharma9440 Před 11 měsíci

    Malaysia se zinc scrap import karna hai iska kese calculation karen .

  • @sunnylakhani1387
    @sunnylakhani1387 Před 7 měsíci

    Can basic custom duty paid be adjusted against Output GST payable?

  • @mohammadumarali2043
    @mohammadumarali2043 Před 8 měsíci +1

    Hello,
    Could you please confirm that, assessable value = CIF + 1% of CIF?

  • @yaaalimolaali394
    @yaaalimolaali394 Před rokem

    1 pice mangwane par kitna kastam lagenga kosmetic mashin hai jis ki praice 2000 hai are sheping charj 2000 pliz reply

  • @sujathossain5495
    @sujathossain5495 Před rokem

    Sir mobile accessories mein kinta charge lagta hai

  • @mahesheppakayala6956
    @mahesheppakayala6956 Před rokem

    Sir can you suggest me how to analysis basic custom duty on all the products, if there's any book or website where I can check the percentage of custom duty charged on all kind of parts and finish products. Please help to suggest.

  • @mamathahp2556
    @mamathahp2556 Před rokem

    Sir, more than items. How to do Individual item assessable value calculation please

  • @kabeerenterprises9969

    nice video I want to know import duty of china

  • @shabkamusic9960
    @shabkamusic9960 Před 9 měsíci

    Nice sir, I want to Know Custom duty on Iron Scrap kindly Explain

  • @vblogKrishRaj
    @vblogKrishRaj Před rokem

    Well explain ..

  • @kiranvarade3491
    @kiranvarade3491 Před rokem

    Sir please make video on BOE each concept

  • @mr_afraz
    @mr_afraz Před rokem +1

    Very Nice ❤

  • @saugatadas5141
    @saugatadas5141 Před rokem

    Excellent

  • @ViralHindimotivationalvideo

    Mere 2 qs hai... normally Metal ki jo iteam manufacture hoto hai(Bolt/Nut) us pe basic duty kitni lagti hai? 2nd is qs...total dusty ke baad GST 18% lagege?? (Not talking about 12% igst)

  • @jaansoh1592
    @jaansoh1592 Před 11 měsíci

    The pack that is input to customs duty will not be the pack that will be exported please message reply

  • @sunilshah8806
    @sunilshah8806 Před rokem

    Nice explain

  • @pranalikapadne22
    @pranalikapadne22 Před rokem

    Sir jo assessible value hai.. toh uspe govt all duty charge karte h right? Toh woh AV hume pay karna padta h? Exporter ko? For eg: aapki is video me AV value thi 1,01,000 toh ye hume pay karna hota h exporter ko?

  • @SunilSingh-er2lo
    @SunilSingh-er2lo Před rokem +1

    Nice

  • @gouravbiswas9609
    @gouravbiswas9609 Před rokem +1

    I am residing at Bangalore, preparing to establish a startup company into the product line segment for which we have connected with one of the manufacturing partner in China. It would be a completely new product for Indian market, therefore we as a company want to do a small experiment or kind of survey to understand the market dynamics, therefore we want to import some quantity of our product as prototype to India under "INDIVIDUAL" criteria. Please advise, what is the procedure to get it cleared from customs and what will be the customs charges will be imposed.

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      Thanks for reaching us first of all!
      There are many compliances to be made before importing and after importing the goods from different country.
      1. The very first step if the product you have selected; shouldn't be a prohibited item.
      2. You firm should be registered under GST and you must have IEC Certificate (Import Export Certificate/Licence)
      3. You must have a company account and that bank should be having license of making or receiving foreign transactions. Usually all the popular banks have that enabled.
      4. I would advise you to first find one agent in China who is trustworthy and who can source that product, conversate with the supplier or manufacturer, talk to freight forwarders in China and can arrange goods for you to dispatch.
      5. There are other compliances also like Port cord updating in your IEC through DGFT. But I would suggest you not to get into that much of trouble but talk to a Freight Forwarder who is a clearing agent also in customs. He will get all the compliances fulfilled and you will not be required to deal with the shipping line directly. But he will make all the arrangements on your behalf. i.e. he will process Bill of Entry, process your documents in customs and get the goods cleared on your behalf.
      6. You want to know about the Freight Forwarders or CHA contact numbers, please DM me on my Instagram ID or email me @ supplychainyukti1@gmail.com
      Thanks
      Team, Supply Chain Yukti

  • @santoshkaushle1494
    @santoshkaushle1494 Před rokem

    अगर वो VAT CHARGE लगाकर भेजें, तो भी क्या कस्टम ड्यूटी लगेगी?

  • @satellitekiduniya
    @satellitekiduniya Před rokem

    21000 kitna lagega

  • @prashant1160
    @prashant1160 Před rokem

    In normal parlance Imports will be on CIF basis and Exports will be on FOB basis. Your explanation shows imports on FOB basis which will not be the case. IGST on imports will be 18%. Assessable value = CIF + 1% Landed charges. Thks,

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      Sorry, but the information I provided in video is absolutely correct. Already handed more than 2000 import shipments on FOB basis.

  • @iamentrepreneur6060
    @iamentrepreneur6060 Před rokem +1

    thanku so much i was looking for an exact custom duty breakup

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      Glad I could help

    • @iamentrepreneur6060
      @iamentrepreneur6060 Před rokem

      @@SupplyChainYukti sir it's a request please make a detailed video how to claim back GST charged by customs during IMPORT

  • @varshabing
    @varshabing Před 5 měsíci

    Pls advice custom duty for gift...less than 1000

  • @JhaPrerana
    @JhaPrerana Před 11 měsíci

    Sir mere sath bhi gift ke nam par frod hua hai please help me 😭😭🙏

  • @theshakeel2003
    @theshakeel2003 Před rokem

    Antidumping example ke saath ek video banao sir for steel products from china

  • @syedhusnainalishah786
    @syedhusnainalishah786 Před 2 lety +1

    kindly make more videos on import and export.

  • @praveenbirle824
    @praveenbirle824 Před rokem +1

    Export me costume charge kitna lgta he videos bhaye

    • @Sourav_MadridCF
      @Sourav_MadridCF Před rokem

      Har ek Products ka alag alag hai, kuch mein lagta hai aur kuch mein nehi lagta hai

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      it depends on product to prodict.

  • @mithileshkunwar1759
    @mithileshkunwar1759 Před rokem +1

    Pls sir , I want to learn look han code with sr no.

  • @asif48412
    @asif48412 Před 8 měsíci

    मुझे इंडिया से कतार में मोबाइल और स्मार्ट वॉच मंगवाना है मोबाइल 23000 का है और स्मार्ट वॉच 4000 का है इस पर कितना कस्टम लगेगा

  • @dshree1
    @dshree1 Před rokem

    How much custom duty charges % means its 12 %, or 15% etc

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem +1

      see, when we talk about custom duty, the term is Basic Duty. Then there is additional SWS (Social Welfare Surcharge) which is calculated on the amount of Basic Custom Duty @ 10%. Then the third part which is called IGST on the sum of Assessible Value + Basic Custom Duty + SWS @ the rate mentioned in that particular HS Code

  • @prasadkadam4625
    @prasadkadam4625 Před rokem +1

    Cess kya hota he sirji

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem +1

      Cess is sort of additional tax imposed by the government. It may be on both domestic and international transactions

  • @user-wz3ph6fs2q
    @user-wz3ph6fs2q Před 9 měsíci

    इसके इलावा भी कोई टैक्स देना हा या नहीं

  • @MrRoy-le9kr
    @MrRoy-le9kr Před rokem

    Sir ab to freight par custom duty nahi lagti AP galat bata rahe h

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      freight is part of product price. if you don't declare it in FOB shipments, then be ready for fine by customs

  • @kanchanbadal6132
    @kanchanbadal6132 Před rokem

    Sir jwellary pr kitna lgta hai

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      basic customs duty on gold jewelry is currently set at 12.5%
      for diamond jewelry is 7.5%
      both under chapter 71.13

    • @kanchanbadal6132
      @kanchanbadal6132 Před rokem +1

      Sir agar koi girft ke taur pr send kre to bhi custom duty lgti hai kya?

    • @SupplyChainYukti
      @SupplyChainYukti  Před rokem

      @@kanchanbadal6132 yes, gift par bhi custom duty charge hogi.

  • @AnandKumar-eu2zb
    @AnandKumar-eu2zb Před rokem

    May ne USA se saman mangwaya thha 6000/- ka aur custom charges laga 7000/- bhai loot rahe hai custom duty ke naam par logo ko

    • @proudtobemuslim2721
      @proudtobemuslim2721 Před rokem

      Bro USA sa nhi mangana hota ha use dollars ma custom charge lata ha

  • @Bhava315
    @Bhava315 Před měsícem

    FOB Free On Board.

  • @adnanahmad6084
    @adnanahmad6084 Před rokem +2

    Government Kitne clever hai ......Gst total value par apply krti hai....kisi ko business nhi krne degi government.......

    • @shirishs6150
      @shirishs6150 Před rokem

      bhai, earlier what happens in the tax do you have any idea , now at least everything came in , earlier ther where 5 taxes and government never gets that money properly , now only one tax and atleast it is going to government account

    • @adnanahmad6084
      @adnanahmad6084 Před rokem

      @@shirishs6150
      Government What giving you in return?

    • @sujathossain5495
      @sujathossain5495 Před rokem

      @@adnanahmad6084 go mutra or gobor deta hai isko return mein...