INDIAN CUSTOMS DUTY WORKING

CALCULATION OF INDIAN CUSTOMS DUTY ON IMPORTS DESCRIPTION Duty % Amount Duty % Amount A Assessable Value Rs 100 100 B Basic Customs Duty 0.075 7.50 0.075 7.50 C Sub-Total for calculating CVD '(A+B)' 107.50 107.50 D CVD 'C' x Excise Duty Rate 12% 12.90 12% 12.90 E Sub-total for edu cess on customs 'B+D' 20.40 20.40 F Edu Cess of Customs - 2% of 'B+D' 2% 0.41 2% 0.41 G SAH Education Cess of Customs - 1% of 'B+D' 1% 0.2 1% 0.2 H Sub-total for Spl CVD 'C+D+F+G' 121.01 121.01 I Special CVD u/s 3(5) - 4% of 'H' 4% 4.84 4% 4.84 J Total Duty 25.8524800 25.8524800 K Total duty rounded to RUPEES 25.852 RUPEES 25.852