Yes you need to pay custom charge of 10% and there are other charges.
Visit this link for the details
https://www.dutycalculator.com/dc/46257857/jewellery-watches/watches-parts/watches/import-duty-rate-for-importing-luxury-watches--from-belgium-to-india-is-1/
Custom Charge -10%
Landing charges (1% CIF)
Countervailing duty (12.5% (CIFD + Landing charges))
CESS (3% (Duty + Landing charges + CEX (Education & Higher Education CESS) + Countervailing duty))
Additional Countervailing Duty (0% (CIFD + Landing charges + Countervailing duty + CESS + CEX (Education & Higher Education CESS)))
Recently I paid 1608 Rs Customs for my Gunnar Glasses which was bought from massdrop and it was around 54$.
You are currently viewing a single conversation. Return to Full Discussion
Visit this link for the details
https://www.dutycalculator.com/dc/46257857/jewellery-watches/watches-parts/watches/import-duty-rate-for-importing-luxury-watches--from-belgium-to-india-is-1/ Custom Charge -10% Landing charges (1% CIF) Countervailing duty (12.5% (CIFD + Landing charges)) CESS (3% (Duty + Landing charges + CEX (Education & Higher Education CESS) + Countervailing duty)) Additional Countervailing Duty (0% (CIFD + Landing charges + Countervailing duty + CESS + CEX (Education & Higher Education CESS)))
Recently I paid 1608 Rs Customs for my Gunnar Glasses which was bought from massdrop and it was around 54$.