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(a) Articles liable to duty with reference to quantity (specific duty) shall be chargeable to that duty;

 

(b) Articles liable to duty with reference to value (ad valorem duty) shall:-

    (i)  if they are liable to duty at the same rate, be chargeable to duty at that rate, and

    (ii) if they are liable to duty at different rates, be chargeable to duty at the highest of such rates;

 

(c) Articles not liable to duty shall be chargeable to duty at the rate at which articles liable to duty with reference to value are liable under clause (b).

 

What is rate of custom duty applicable if set of articles imported?

In case Specific duty is applicable

Duty is payable with reference to quantity

In case duty is advolerem (on basis of % of value)

All of goods liable at same rate-

That rate is applicable

In case duty is liable at different rates

highest of such rates,shall be applicable

 

If some articles not liable to duty

In this case also, highest of rates shall be taken

 

What is duty to be charged on spare parts/ accessories?

Same rate of duty shall be charged as applicable on main product.

 

Note:-

If the importer produces evidence to the satisfaction of the proper officer or the evidence is available regarding

the value of any of the articles liable to different rates of duty,

such article shall be chargeable to duty separately at the rate applicable to it.

  1. Indirect Tax
  2. Customs
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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