Import duty free computer parts from USA, UK and Worldwide
Import duty free computer parts from USA, UK and Worldwide Yes, that's True! You can purchase Electronic goods like LED Lights, Microprocessors, Head Stack, Laptop, Keyboard, Monitor display, Personal computers, Scanners, graphic printers, Hard disk drives etc from overseas with 0% Import duty and taxes. Let’s see how. You might have heard that for customers having GSTN & IEC, the import duty after GST is 18% which includes 0% Basic custom duty and 18% IGST. Meanwhile customers that do not have GSTN & IEC will pay 41.18% Custom duty. Let’s see an example: Suppose, A and B have imported a same Laptop from USA having basic cost equals to $ 899 i.e. Rs. 57,967 A has his own GSTN as well as IEC and B don’t have GSTN and IEC. For A, Customs Duty after IGST is 18%. The taxes will be calculated as under: • Cost of the Laptop= Rs. 57,967/- • BCD + IGST = 18% of Rs.57, 697 =Rs. 10,434 A will pay = 57,967 + 10,434 =