custom duty on lcd monitors in india supplier

India will levy a 5% basic customs duty on imports of picture tubes used in making open cells - used in display screens of LED or LCD televisions – from November 12, 2020. The move will encourage foreign companies to set up display manufacturing units in India, industry insiders said.

“Customs duty of 5% has been imposed on few items for manufacture of open cell for televisions like pure cell and printed circuit board for open cell which were earlier exempt from duties,” an official said.

The move follows a 5% basic customs duty on open cell television panel imports which was imposed from October 1 this year. The exemption was offered for a limited period of one year till September 30 in anticipation that the industry would build capacity for manufacturing critical components in India and move towards value addition from mere assembling.

Television makers had argued that prices of fully built panels have risen 50% and customs duty of 5% on open cell – a major component for TVs – would lead to increase in sale prices. They had also demanded that imports of parts of open cell should be levied with duties so as to create parity.

“The imposition of duty on the parts of open cell will give the domestic manufacturers a level field with the imports and incentivize the manufacture of these parts in India,” said Bipin Sapra, partner at EY.

Sunil Vachani, chairman of Dixon Technologies that makes LED and LCD televisions, said that the government has responded to industry’s demands for a level playing field.

“It’s a welcome step, it will encourage display fab manufacturing to come to India, in turn driving investments, and ensure that no unfair advantage is given to any player,” he said.

Government has given protection to local industry with 20% customs duty on imports of fully made TVs since 2017 and certain categories of TV imports have been put in the restricted category since July this year.

Smartphones will become more expensive as a result of the competition watchdog’s two recent adverse orders against Google. Its patent Android operating system for mobile phones would mean higher costs of ensuring user safety and security, which could, in turn, be passed on to customers.

Wipro posted a 2.8% growth in net profit for the fiscal third quarter, beating estimates, but the IT services major warned that the sector was slowing down amidst a challenging macroeconomic environment.

The National Company Law Tribunal (NCLT) on Friday allowed the ownership of Jet Airways to be transferred to the Jalan Kalrock Consortium (JKC), which had won the bid to resurrect the grounded carrier in 2021.

We offer customized business loans for small and medium businesses in India to trade internationally and grow their Computer Monitors business. Connect2india helps you to find out import duty of Computer Monitors from various countries. It also gives information about Computer Monitors importing procedure in India, importing rules and regulations in India for importing Computer Monitors.

Connect2India additionally explains varied duties and taxes obligated on import of Computer Monitors in India. It additionally helps you with execution of import order for Computer Monitors, paying tariff and taxes for Computer Monitors, obtaining custom clearances for Computer Monitors and assist you with different procedures relating to import of Computer Monitors in India.

Most Trading partners to import Lcd Display are China, TAIWAN, Rep. of Korea, KOREA DP RP, Viet Nam . Import duty is imposed by the government when Lcd Display is imported into India from any country. This tool helps you to find out duties one have to pay while importing Lcd Display

We offer customized business loans for small and medium businesses in India to trade internationally and grow their Lcd Display business. Connect2india helps you to find out import duty of Lcd Display from various countries. It also gives information about Lcd Display importing procedure in India, importing rules and regulations in India for importing Lcd Display.

Connect2India additionally explains varied duties and taxes obligated on import of Lcd Display in India. It additionally helps you with execution of import order for Lcd Display, paying tariff and taxes for Lcd Display, obtaining custom clearances for Lcd Display and assist you with different procedures relating to import of Lcd Display in India.

The rate of duty on LCD Tv is 31.703%.The value of Tv will be determined by the Customs after examining it. The maximium depreciation for first year is 16% of the value.

The rate of duty on LCD Tv is 31.703%.The value of Tv will be determined by the Customs after examining it. The maximium depreciation for first year is 16% of the value.

hi im bringing in a new 24" LCD Monitor HP W2408H from UAE(i currently reside here) which is used only on computer. Is there going to be customs duty on this or is it better i try to get it in india itself

If it is LCD monitor and not LCD TV than there will be no Customs duty .But other duty like central excise duty 14%,education cess 3% and Additional duty of 4% will be collected.

The rate of duty on LCD monitor for computer is same whether it is imported or manufactured in India.The deciding factor is the price in India,service after sales and availability of particular brand in INDIA.

I am an NRI living in Malaysia with family since last more than 3 years. I am buying a 40" LCD TV worth about INR 85,000. I understand goods worth Rs. 25,000 is allowed free. Do I have to pay duty on the differential amount of INR 60,000 @ 31.7% - Depreciation; when I bring this to India ? What is the ebst way to bring this TV to India with minimum or no payment of duty etc. Is TR is the best way ?

Thanks for appreciations. Duty on Baggage goods,if value is more than Rs 25,000/- then ,duty is 35%, on the differential amount. Hence, Baggage import is best option.

I am planning to get 46 " lcd tv to India from USA. I am here for almost 2 yrs and I come under residence transfer category. The TV costs 96600 (2100 $). How much duty I have to pay and how much worth goods is duty free ?

I"m on a B1 visit to US and I have a portable projector which I use frequently in presentations, now can you tell me how much duty will I have to pay when I take this projector back to india?

I am planning to buy a LCD tv worth 475Euros but the same tv costs more in India say around 4 lakhs. Which amount will be used for taxation. The bill amount or the MRP of the LCD tv in India ?.Please advice.

I"m currently satying in dubai. On my next visist to india i would like to take one Sony Bravia 37"" LCD TV. Can you please tell me what will be the duty tax i have to pay.?

hi there... i want to bring used 24"lcd westinghouse monitor of value rs.13160 bought in 2007 from canada to india. how much the duty will be if carrying with me? can i carry in original packaging for safety?

Hi, I am thinking of importing a large amount of used computers and monitors to Kolkata from the UK. Can you please advice me what import tax I would have to pay in Kolkata.

I would like to take the 32 inch LCD TV from UAE to chennai, Indai. The price of the TV is 20000 INR. Could you please tell me what will be the import customs duty charges?

My question is regarding import of an LCD monitor, Dell Ultrasharp 2209WA, which I have bought in Australia for AUD 319 (approx. Rs. 11600). I will bring it back with my as checked baggage. I"ve heard that personal electronic equipment up to Rs. 25000 is exempt from duty. As such, will I have to pay anything when I bring the monitor with me?

I wish to buy a telescope weighing 20kg from Australia, and would like to bring it back with me when I come back to India. The cost of the telescope will be 4000 AUD. How much payment will have to be made for import?

I am an NRI living in Dubai, UAE with my family since last 14 years. As I would be relocating to Mumbai for good I am planning to buy a new 46" LCD TV worth about INR 76,000. I understand goods worth Rs. 25,000 is allowed free. I plan to send this TV along with all my other household stuff to Mumbai via sea. What would be duty, taxes and other charged that I would have to pay for the LCD TV specifically.

hi ravindra. im bringing a LCD from sinpapore worth 45k. What will be the customs (do i need to consider the weight of the LCD also ?) and also incase if i bring 2 small LCD worth 12k each would both be custom free.

hi ravindra kumar..i am on a social visit to singapore . i want to purchase a lcd monitor from singapore.can u give me details of how much duty will be collected from me..

I live in USA. I would like to bring a 46 inch TV to India that costed me $1200 (approximately Rs 57,000/-). I recently saw somewhere that the customs tax has been reduced to 5% from 10% in this year"s budget for LCD monitors and TVs. Is this correct? If not what will be my custom"s duty? Is it a straight forward way of clearing customs? I couldn"t follow the calulation method for central excise duty that you have mentioned above. And the last question is that the price of the TV in india is Rs. 50000 more than what I have purchased it for, how will this affect my total customs?

I intend to carry a 32" LCD TV from Muscat to Bangalore for which I have bill worth Rial Oman 100/USD 300, I dont have any other electronic item with me. Please confirm the applicable customs duty.

This is regarding bringing my personal plasma tv 42", a hi-fi music system and an xbox game console, all together valued at AU$2500. I have these items for almost 10 months now and I am planning on returning back from Australia with these items. My question is how much customs duty or any duty would I have to pay if I want to bring these items with me or have them courier to an address in India?

Duty on TV is @ 24.421% . As far Baggage Rule is concerned, it is advisable to visit CBEC website link given in the blog . Various conditions are involved for getting Baggage import benefits.

I am living in Dubai and I want to bring SAMSUNG 32” LCD TV with me in my next trip to India. Its value in Dubai is Dirham 1600.00 equaling to INR 21200.00 as per the current currency exchange rate AED v/s INR. So, how much custom duty or any other duty would I have to pay?

If you are coming after at least 365 days during the two years immediately precedings the date of arrival ,OR, under Transfer of Residence(TR) then 15% on colour TV.

i am on short leisure trip to singapore , i am planning to bring a sharp LCD 37" its cost in RS. is 65k. please suggest what custom duty will be charged on this.

i"m a NRI since 1999 every time i have been to India for vacation is not more then 2months(Annually) my question is i"m planing to carry these things in my checked baggage,

If you are coming under TR then One desktop computer ( your all items make one computer ,if assembled together) is allowed without customs duty. Further ,there is duty free allowance of Rs 25,000/- . If your used camera is falling in this limit, then, no duty.

You may my visit website www.globaltaxguru.in which is under construction. You may test import of LCD TV in this site.The Baggage portion is yet to be tested.Till ,i refine and test my site, i will be answering through blog.

If you are exporting to Canada then there is no duty. But if you are importing into India ,then there is duty. LCD tv customs classification varies as per size.

my parents are visiting me to kl, malaysia. tha want to buy lcd 40" from here. they are staying here for 1 month . how much duty they have to pay in india

as you have mentioned valued item of INR 25000 is allowed. So that item should be invoiced in Foregin currency equivalent to INR 25000 or that item should value in india for that certain amount.

I want to carry a 40"LCD TV AED 2800/-to india from dubai in April 2010, what is customs duty chargeble on it ??? what are the documents shall i carry ??

Pl see my website (under construction) www.globaltaxguru.in. Enter Lcd tv. Merit rate of duty @ 26.85%. If you are bringing as Baggage then duty varies as per your stay,your category as passenger,etc.

I have bought a LCD/LED tv (102 cms) by paying 250 euros.The cost of the tv in india is around 250,000 Rs.Can you please let me know how much charge i have to pay as customs and excise duty.I have tried to find the answer from your previous messages but could not understand anything.

There are different rate of duty, if you are importing through baggage or through air cargo/courier.pl specify for mode of import.Further, forward me my earlier message for clarification.

I am in dubai right now. I have recently purchased xbox360 and would like to take it to India. Its a second hand purchase worth 900dhs (around 11,000rs). Will i need to pay custom? thx alot

I am planning to buy 60 inch ( 150 cm) LED 3D TV from Europe and take as baggage with me. I will be going back to India after 30 days. The cost here is 50 % less then in India. Can you please advice me what will be import duty on LED 3D, your website globaltaxguru is giving size of 25 cm. Your advice will be high apreciated.

I am planing to start a import Computer hardware products from China. Can u plz tell me the taxes/duties I"ll need to pay. Is any license is need to import the things from china?? Plz reply on vkgarg05@gmail.com asap!!!

You need IEC from DGFT .Pl see my site www.globaltaxguru.in to know duty and licence conditions.If you wish to engage me as consultant then you have to pay for the same. Alternatively, you can register your self as premium user.

You are doing a fantastic job by providing the info, i tried registering as premium user on your site (to find out how much you charge) however it gives me server exception error, is there any other way i can get in touch with you?

Currently, i have given access to some Customs officers and person who are professionally in import and export related business. I can extend same to you. But you have to send me your exact requirement like , you would like to know total duty break up and duty with relevant notifications, etc,. It is in format similar to customs requirement.

I want to bring my lcd TV (26 inch) worth around 320 euros(19500 rupees) Indian cost used around 4months from Ireland .Am i need to pay any custom duty for this.

There are different duty exemption for different category of person ,if importing goods through Baggage. After exceeding your duty free limit,you have to pay duty @ 36.05%.

I am staying in Copenhagen, Denmark and I want to take a 32" LD TV for my sister in Delhi. The price of the LCD TV is approximately INR 20000 (DKK 2499). Since, there is a free limit of 25000, therefore do I need to pay any customs duty at Delhi airport for the TV. Also, I would be carrying a laptop (which I have been carrying during my past visits and never paid any duty). Since, this time I would be also carrying the TV therefore I am little sceptical whether I can carry both of them together without paying any duty.

Also, can you please let me know whether the price of the TV will be accessed by the customs officer or the price will be considered as writen on the invoice?

I bought a Sony 40 inc LED LCD for Rs35,000/- in indian rupees. But, the same model costs 1,20,000/- in India. I tried entering all the information in your globalguru site..but, I could not get the custom duty price in rupees.

Old TV ,you cannot import through baggage ,without paying fine and penalty ,in addition to duty @ 26.85%. There is freight charge and handling issues. In Courier, the shipping cost is also added in value for duty charging.

Other option ,you bring as Baggage,you may visit my site www.globaltaxguru.in for duty calculation .In Baggage module , you have to enter value in Rs and in courier , you have to enter in foreign currency.

I am working in KL, Malaysia. And I am coming to India within 2 months after coming here. I have an Employment Pass here. I want to bring a Samsung LCD TV (46") which costs RM 4000 here (Approx INR 56,000). Could you please let me know how much duty I will have to pay @ Mumbai Airport? I am planning to get it along with me with Access Luggage.

Duty liability on LCD TV will comes once you cross duty free allowance ,and that will be 35 % + 3% cess on this duty. The duty will be charged on value after allowing duty free limit of Rs 25,000/=.

Second hand personal goods importing through Courier will attract fine and penalty, additionally you have to pay customs duty. Goods will be valued by Customs as per conditions of the same.Further delay. Best option is baggage,as far customs is concerned.

I wud like to take a 32 inch lcd Sony Bravia to Chennai shortly. Cud u pls adv duty involved.... I am an Nri and purchased this TV in Dubai at Aed1500 equivalent to something around Rs20000 max. Pls adv urgently

I am in Australia on work permit visa .I came for the first time in August 2009 and went back to India in September 2009. Then again I came in March 2010 and may be going back in September 2011. So I am here for 2 years including a vacation of six moths and eleven days. C

respt sir myself abhijit ashtikar i just want to ask you that my sister stays in dubai and now she is coming back to india on mumbai airport, she is getting an LG LED tv 42" with an home theatre which costs 3000AED(INR37000) can you please tell me that how much she needs to pay .

my ques is can I bring 3 lcd tv sony of 9000 Inr each from bangkok. the total is 27000 . I also know the duty is calculated on excess allowance. But my quantity is 3 pc. Is it possible to pay duty on Rs 2000 only ??

Three LCD Tv by one person,may not be treated as bonafide baggage but may be viewed as commercial quantity.Therefore,you may be denied duty free allowance for all but allowed for one. This is very subjective ,therefore it depends on how do you convince that they are bonafide baggage.

I live in Australia, I just want to confirm that can i send used computer including CPU and LCD to india Or in other way can i import Used computers in india ? please let me know, and Thanks in Advance

I am planning to buy a LED TV (47" - 55" size) & a home theater system (around 20-25 kg) from Dubai. It will cost around 1.50 - 1.80 lakh. I will divide it in two passengers.

I am planning to buy a LED TV (32" - 42" size) from Dubai. It will cost around 20-80 thausand INR. im still working in dubai.im retain india after 2 year. pls advise me how much amoumt allow custom.

I want to buy a LED TV from China. The cost of TV is around $450 for 55 Inch LED TV. According to Indian Currency it will be INR 22300/-. Please let me know how much tax I will need to pay?

The main issue with this subject is that there are conflicting reports on different websites. Some websites are outdated, while some are providing the wrong info. Sadly, even the official website of Indian Customs doesn’t have easy-to-understand answers to these questions.

This article has an Online Calculator for Indian Customs Duty on LCD/LED TV and explains the procedures to be followed while carrying a television to India.

The guideline for Customs Officers says that the duty is 38.5% on “the assessed value”, which need not be the actual cost of the TV. The value will be assessed on arrival, based on parameters such as make, model, condition of the TV- whether new or old etc.

To help in assessment, Customs Officers have an internal database with popular TV models and their prices. This database is not published for the general public.

We have developed a calculator which you can use to get a rough estimate of the customs duty on LCD or LED TV. Since you cannot predict the assessed value, you can get an estimate by converting the cost into Indian Rupees.

The assessed value depends on the Officer’s judgement. Some Officers are strict and stick to the customs database, while some are flexible and may record a lower assessment value.

For example, you may have bought a 42″ LED TV for AED 2,500 (Rs 50,000) but the Officer may assess the value to be Rs 25,000. In this case, you have to pay only Rs 9,625 as a duty.

The Duty Receipt would show that the assessed value is Rs 25,000 and you paid 38.5% of the value. In reality, you have paid only 19% of the cost price. This is why most people feel they paid less than 20%.

The assessed value is not solely dependent on the cost price of the product. However, producing a purchase bill/invoice may help the Customs Officer in the assessment.

Note that it is not mandatory for the Officer to charge you based on the bill. He can use the Customs database and his personal judgement in assessing the value.

Here also it is not mandatory for the Officer to charge you based on the bill. He can use the customs database and his personal judgement in assessing the value.

For older and used TV sets, travellers can request depreciation. This is usually granted based on the number of years used. The assessed value will be lower for older TVs.

There are special allowances for professionals returning to India after completing a contract (You can read it here). However flat panel televisions are not included in such allowances.

The assessment and invoicing are usually done in Indian Rupees. However, you can pay in foreign currency as most currencies are accepted in all Indian airports.

However, airlines have their own policy for the maximum size that can be carried on their flights. Make sure to check the maximum baggage dimension for your flight, particularly if you are carrying 50 inches or bigger. The airline’s website should have the maximum dimension per box. Pay attention to the weight per piece also.

At the check-in counter, mention that you have a TV in baggage. Airline officials will label it as Fragile and pass it through a special conveyor belt for oversize luggage.

Yes, the new Customs Declaration Form has an additional field to declare any flat panel television you are carrying. You have to mention it there and show it to the Customs Officers and pay the duty before leaving.

By Press Trust of India: The government has scrapped import duty on open cell TV panel used to make television sets, as it aims to boost local manufacturing by lowering input costs for TV makers who have been complaining about a slump in demand.

The decision to remove 5 percent customs duty will help reduce manufacturing cost by around 3 percent but it wasn"t immediately clear if all TV makers will pass on the benefit to consumers.

Finance Ministry in a notification said customs duty on "open-cell (15.6-inch and above), for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels" will be nil as against 5 percent import duty previously.

Besides, the government has also waived custom duty on import of Chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/ substrate), which are used to manufacture open cell TV panels.

The other goods for use in the manufacture of open-cell of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels of heading 8529 would also attract nil duty. These include Chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/substrate).

"Industry welcomes this decision. This will ease the cost pressure on TV and the benefit once passed to the consumers will help the industry accelerate demand," Panasonic India and South Asia President and CEO Manish Sharma told PTI.

"The announcement comes at an opportune time considering the flat growth that TV"s have witnessed in the last year. Since open cells form a major share of the total manufacturing cost of TV"s, the move will allow us to pass the benefits to the end consumer which would be about 3-4 percent reduction in price thus providing the necessary thrust to the market," he said.

To further the push towards affordability for TV"s, he urged the government to also consider revising the GST slabs for TV"s above 32 inches from 28 percent slab to 18 percent.

"The company has long been committed to the government"s Make in India initiative. This withdrawal of duty on an open cell provides a strong boost to local manufacturing and will help us further enhance our efforts in this direction," said Sony India Managing Director Sunil Nayyar.

According to Haier India President Eric Braganza, the industry has been pushing for this for some time. The TV market is slow, so anything that could ignite the growth is welcome.

When asked whether it would have any impact on TV price, Manish Sharma said currently inventories for the festive season are already in place, however, for fresh imports, the cost impact will be about 3 percent.

"Our festival pricing is already in place which is attractive compared to the previous month"s. Hence postseason, this duty reduction will help us maintain the pricing at same levels with reduced cost pressures on the industry," Sharma said.

Besides removing 5 percent customs duty imposed on import of open-cell TV panel, the government has waived customs duty on import of chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/ substrate), which are used to manufacture open cell TV panels.

The move seeks to bring certainty to businesses and avoid their disputes with the customs department. The clarification is based on inputs from ministry of electronics and information technology. The department said mis-declaration of products have in the past led to tax demand notices being sent to some importers.

As per the clarification, a display unit that includes ten specified items such as touch panel, cover glass, indicator guide light, LCD backlight and polarisers will attract a basic customs duty of 10%. However, if the product includes additional parts such as antenna pin, sim tray, speaker net, battery compartment or other items, then the whole assembly is liable to 15% duty.

Such assembly consisting of a display assembly of a mobile phone with or without back support frame, plus any other parts is not eligible for the concessional duty rate, CBIC said. The order provides display assembly pictures and schematic representations for the ease of identification.

This clarification brings in certainty of taxation on future imports to mobile phone manufacturers who have been at loggerheads with customs officials since long for determining appropriate basic customs duty (BCD) rate for display assembly modules, said Saurabh Agarwal, Tax Partner at EY.

“What needs to be assessed is how would this unfold in the courts and impact existing litigation as the additional BCD cost (if any) on past imports would not be recoverable from customers but would have to be borne by the manufacturer importers only," said Agarwal.

This circular is a big relief to the industry and will avoid unnecessary litigation, said Pankaj Mohindroo, Chairman of India Cellular & Electronics Association (ICEA).

In July, the Directorate of Revenue Intelligence (DRI) issued a notice to Oppo and accused them of allegedly evading customs duty worth ₹ 4,389 by not declaring the items correctly. Soon after, the customs department served notices to three Indian smartphone brands too.

Back then, Oppo had told Mint that it had a different view on the charges mentioned in the show cause notice. Oppo had called it an industry-wide issue impacting many corporations.

In March, the Ministry of Electronics and Information Technology (MeitY) had sent a letter to the Department of Revenue, to clarify that the part needed to make display assembly was exempt from import duty. In its letter MeitY had detailed the constituents of display assembly that were exempt from BCD.

BCD was imposed on display assembly in October 2020 as part of the phased manufacturing program (PMP) to expand local manufacturing capabilities. Some components used in display assembly were exempted from the tax. According to industry experts, display components account for 25-35% of the overall Bill of material (BOM) of a smartphone.

Gireesh has over 22 years of experience in business journalism covering diverse aspects of the economy, including finance, taxation, energy, aviation, corporate and bankruptcy laws, accounting and auditing.

Import costs from China have become a vital issue for many importers. By many metrics, China is one of the largest product manufacturers in the world. Due to China’s manufacturing reputation, many importers, large and small, turn here when they need to import products for their business. As a result, it’s crucial to have an in-depth understanding of the costs of importing from China.

Yes, there are a number of taxes, duties and other fees required when importing goods from China. Most notably, importers are required to pay import taxes, or customs duties, on imported goods, just like they would when importing from any other country.

Additional costs, like Section 301 tariffs and anti-dumping/countervailing duties (AD/CVD) are owed on specific products imported from China. There are also added costs like Merchandise Processing Fees, Harbor Maintenance Fees, and other miscellaneous costs that have to be taken into account when importing.

Customs duties are owed on nearly every product imported from China to the United States. This rule applies so long as the total value of the imported goods totals $800 or more (known as the De Minimis value). If the goods that you’re importing cost less than $800, they are not subject to duty or taxes (with the exception of goods like alcohol and tobacco).

In order to figure out how to calculate import duty from China to the U.S., you need to know your product’s HTS classification. Every internationally traded item can be classified using the International Harmonized System (HS).

Once you find an item’s corresponding HS code (or HTSUS if importing from the United States), you will find the tariff rate associated with that product. That code will then be listed on the commercial invoice.

In addition to the tariff rate, an HTS code will also indicate whether or not the U.S. has a trade relationship with any country for specific product imports. According to the U.S. International Trade Commission (USITC), tariff rates are broken up into three categories:

China falls under the “General” category. That means that the United States and China do not have a trade agreement in place. No special treatment is given on imports of goods from China to the U.S.A.

In addition to normal customs duties, a country may also impose additional tariffs on products imported from foreign countries. In the case of China, the U.S. has imposed Section 301 Tariffson thousands of goods.

Section 301 was signed in 2018 as part of an ongoing trade war between the U.S. and China. The signing imposed tariffs on $550 billion worth of commodities regularly imported from China to the U.S. The tariffs are broken up into four separate lists, each covering various goods and including exclusions and tariff rates.

Our team of Licensed Customs Brokers can help you determine all of the duties, taxes, and fees you"ll be required to pay and even find you ways to lower the costs.

If a foreign country is found to be “dumping” goods into the U.S. at a far lower cost than those goods are being sold in the U.S., antidumping duties will be put in place. The USITC is the organization responsible for implementing anti-dumping duties. Anti-dumping duties are imposed by taxing the goods in question at a far greater rate than the value of those goods.

Similarly, countervailing duties are placed on certain goods for similar reasons. Countervailing duties are implemented when export subsidies make the sale of certain products non-competitive for domestic industries.

According to Customs and Border Protection (CBP), another fee you’ll have to pay when importing into the U.S. is the merchandise processing fee. The amount you pay depends on whether or not the value of your shipment totals more than $2,500 (not including duty, shipping, or insurance fees).

For example, let’s say you have two separate shipments: one valued at $500, and the other at $3,800. Assuming the $500 shipment is manual, but not processed by CBP, you’d owe a flat rate of $6.66 for your merchandise processing fee. That would bring the total cost of your shipment, plus the MPF, to $506.66.

As for the $3,800 order, you would have to multiply the $3,800 by 0.3464, equaling $1,316.32. However, because this figure exceeds the maximum allowed MPF, your fee would be $538.40. That would bring the total cost of your shipment, plus MPF, to $4,338.40.

If your goods are shipped by sea, you’ll be required to pay a Harbor Maintenance Fee. The Harbor Maintenance Fee rate is 0.125% of the value of the imported cargo. There is no minimum or maximum HMF.

Additionally, this fee is charged for goods regardless of duty-free status. Harbor maintenance fees help cover the costs of maintaining ports and harbors around the country.

Many of the taxes and fees listed above are required in order to import from China. However, there are other costs you need to consider. While not always required, freight insurance is highly recommended, especially for high-value items or any items making a cross seas voyage.

Importers must also consider the cost of shipping, storage, and potential accessorial fees owed on the goods once they arrive at port. Federal excise taxes and sales taxes are also required on certain goods. It’s worth noting that value-added taxes (VAT rates) are not charged on imports from China to the U.S.

No matter what you’re planning to import, it’s important to keep in mind all of the potential costs that you may be responsible for before you make your purchase. Below, we’ll list some options available to help reduce import costs.

Do you need an import compliance manual for your business? Make sure that all of your bases are covered in the event of an inspection by CBP, especially if importing goods from a country impacted by an import ban like China. Read more about import compliance manuals and get help determining if it"s the right move for you.

There are multiple ways to reduce import costs when shipping from China. Ultimately though, the process comes down to getting professional advice and being able to do your own research. Some of the best ways to reduce import costs include:

A customs broker licensed by CBP can be an incredible asset when importing goods from China. Ways that a customs broker can help reduce import costs include:

Customs brokers are there to work for you and address all of your importing needs. Hiring a licensed professional is one of the most surefire ways to ensure that the proper procedures are being followed and to avoid or reduce any potential importing costs.

Our team of Licensed Customs Brokers can help you determine all of the duties, taxes, and fees you"ll be required to pay and even find you ways to lower the costs.

When looking to reduce import costs from China, one of the first steps you should take is to shop around for a supplier offering competitive rates. There are countless manufacturers competing for your business. If you don’t find a price or quality of product that meets your needs, simply shop around and screen suppliers until you do.

Some Resellers Advertise Themselves as Manufacturers:While this may not be an issue for many goods, it could create major issues for products that need to be custom-made or require detailed technical specifications.

If a Price is Too Good to be True, It Probably is:While it’s understandable that you would want to find the lowest prices you can, a price that is too low likely signals that the quality of the item is lacking. Shop around for a competitive rate, but be aware that you might get what you pay for.

Be Aware of Minimum Order Quantities (MOQs):Depending on the size of your business, the amount of product that you need to import may not always match up with a seller’s requirements. You may find a supplier that offers competitive rates, but they might require a large MOQ.

If the amount of product that you would have to order exceeds the benefit that you’d get from ordering from a cheaper supplier, it likely won’t be worth it. Shop around until you can find a supplier that meets your needs for both cost and order quantity.

Are any of the goods you import from China manufactured in or sourced from the Xinjiang region? Any goods or materials produced in the region are prohibited from entry into the U.S. Read our article on the Xinjiang import ban to find out more and avoid having your shipment fined and detained.

Another way to reduce import costs from China is to negotiate for Incoterms ® that meet your importing needs. Incoterms ® are mutually agreed-upon conditions between a seller and buyer.

There are 11 different Incoterms ® that can be negotiated. The most buyer-friendly option is Delivered Duty Paid (DDP). In a DDP agreement, the seller is responsible for all costs associated with the shipment, including transportation, insurance and even customs duties.

On the other hand, the most seller-friendly option is Ex Works (EXW). Under EXW, the buyer is responsible for all costs and risks associated with the shipment.

Many small businesses and importers shipping small orders choose EXW when importing. Oftentimes, it’s difficult to get a seller to agree to Incoterms ® that don’t directly benefit them. Instead, a buyer will choose to work with an experienced and reliable customs broker or freight forwarder. When working with a partner that strives to find the best prices and solutions to meet your needs, you can reduce import costs at every turn.

Remember, Incoterms ® are a negotiation. Both parties obviously want the terms that best suit their needs. As the importer, however, you’re unlikely to make that happen without compromising in other areas.

As a result, the most common Incoterms ® are Free on Board (FOB). Under FOB, the buyer and seller split costs 50/50. The seller assumes costs and risks up to the point that the goods are loaded onto the ship for departure. The buyer takes over from there, taking responsibility for the goods while on the ship or once they arrive at their destination.

Finding Incoterms ® that work for you is one of the best ways to reduce import costs from China. If you’d like to learn more, the International Chamber of Commerce (ICC) has a full list of incoterms ® available.

Whether you or your supplier handle the packing and logistics involved in shipping your goods, it’s important to keep in mind how the proper packaging can reduce costs.

In all likelihood, your products will be loaded onto a massive cargo ship with thousands of containers making their journey from China to the U.S. For those shipments, the name of the game is fitting as much cargo into a container - and as many containers onto a ship - as possible.

As a result, freight charges are often calculated based on the weight and volume that the cargo takes up. By consolidating your goods and packing them in an effort to fit more goods into fewer shipments, you can reduce import costs.

Our team of Licensed Customs Brokers can help you determine all of the duties, taxes, and fees you"ll be required to pay and even find you ways to lower the costs.

The short answer is: No, you can’t. When products are imported into the United States, there are always going to be taxes and fees that need to be paid. The closest option available to avoiding import costs would be to negotiate DDP Incoterms ® with your supplier. In that case, the supplier would be responsible for all transportation, insurance and customs duty costs.

However, it’s unlikely that you’ll be able to get a seller to agree to those terms. Even if you are able to obtain these terms, you’ll likely experience increased costs elsewhere.

When looking to reduce import costs from China, it’s crucial to do your research and calculate all costs you’ll be responsible for before you make your purchase. The main costs you’ll need to consider when making your calculations are:

Cost of Goods: Obviously, this will vary depending on the commodities you plan to import, the quantity you plan to import, and the supplier you choose to buy from.

Duties and Tariffs: To calculate the duty owed on imports from China to the U.S., the first thing you need to do is find your product’s HTS code. You can do this by using an HTS code lookup tool to find your product and its corresponding tariff rate. Additionally, check to see whether your product is subject to any AD/CVD or falls under Section 301 tariffs.

Transportation and Shipping: These costs will vary depending on the mode of transportation you use to ship your products (ocean, air, etc.), the port that your goods are departing from/arriving to, and the shipping company you choose.

Other Fees: This includes costs like the merchandise processing fees and harbor maintenance fees (discussed and calculated above), as well as insurance, document fees, accessorial charges, and more.

The total cost for each of these expenses will always depend on you and your business needs. Once you determine the cost of each of these factors, you can add them together to calculate your total import costs.

New entrepreneurs and established import/export businesses, alike, turn to China when looking to import products into the United States. China is one of the top global options for product sourcing due to its quick turnaround time, high output and low cost of products.

In fact, according to the Office of the United States Trade Representative (USTR), China was the largest supplier of goods imported into the United States in 2020. Altogether, China totaled $434.7 billion and accounted for 18.6% of U.S. imports. The most imported products include:

China is also the U.S.’s seventh-largest supplier of agriculture products, totaling $3.8 billion in 2020. The most imported agricultural imports include:

Whether you’re an experienced importer or a new entrepreneur, navigating the world of customs clearance and global imports can be complicated and confusing. At USA Customs Clearance, we have the experience and know-how to help you buy and sell products internationally, and reduce costs while doing so.

Our Licensed Customs Brokers can guide you through every step of the import process. They can also help you register to become an Importer of Record. If you need to secure a customs bond, we can help with that too. You can even purchase a new importer bundle, which includes each of these options and more! Speak with one of our experts and get started importing today.

Our team of Licensed Customs Brokers can help you determine all of the duties, taxes, and fees you"ll be required to pay and even find you ways to lower the costs.

The government on Tuesday scrapped 5 per cent customs duty on imposed on import of open cell TV panel, which are used in the manufacturing ofLED and LCD televisions in a bid to boost domestic manufacturing. The move would also help to reduce the price of LED and LCD TVs. The move to scrap the tax on open cell panels is a step in the right direction, said Vikas Agarwal, the India head of OnePlus, a Chinese firm known for high-end Android smartphones. "TV is the next big focus for us. Any incentives or benefits are good for us," said Mr Agarwal, whose firm is seen making a foray into television sales in the country.

In a notification on Tuesday, the Ministry of Finance said "open cell, (15.6 inch and above), for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panel", would attract nil duty."

Besides, the government has also waived custom duty on import of Chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/ substrate), which are used to manufacture open cell TV panels.

Several TV makers including the Consumer Electronics and Appliances Manufacturers Association had opposed it and had requested the government to waive it.

Since January 1, 2022, foreign companies importing goods into France (from a non-EU country) must be registered for French VAT in order to be able to clear their goods for customs. A fiscal representative in France will be required for most non-EU companies. Since the VAT deferment scheme is now mandatory, no payment of import VAT will be made. Please contact us to apply for a French VAT number.

Products imported into France from a country that is not a member of the European Union are subject to customs duties and import taxes. These duties and taxes are calculated according to three specific criteria, namely the tariff classification, the customs origin and the value of the goods.

We will analyze throughout this article each assessing criterion in order to provide the reader with a better understanding of the exact method of calculation of import taxes levied on a product brought into France.

The tariff classification consists of determining the nature of the imported product (“tariff description”) and assigning it an identification customs code or a tariff subheading within the Combined Nomenclature (CN) of the European Union.

The CN is a sort of database for classifying goods under different headings and subheadings. An 8-digit nomenclature code is assigned to each subheading as well as the applicable customs duty rate. The Combined Nomenclature (CN) is a classification tool specific to the European Union, but it is based on the nomenclature of the Harmonized System (HS) of the World Customs Organization (WCO) which is applicable in almost all the countries of the world.

In the business practice, freight forwarders in France usually ask their customers to provide the exact description of the product to be cleared as well as the corresponding HS code (Harmonized System Code). The HS code is actually a 6-digit international customs code to which will be added either 2 digits to find the corresponding CN code (Combined Nomenclature Codeapplicable in all the EU countries) or 4 digits to find the TARIC code (Integrated Tariff of the European Union).

For example, the HS code for a computer screen (LCD Monitors) should be 8528 52 and its equivalent in the EU is 8528 52 91 (CN code) or 8528 52 91 00 (TARIC code). The customs duty rate applicable to this product is nil (i.e. 0%). However, if the LCD screen had a television receiver built-in, the HS code would rather be 8528 72 and its equivalent in the EU would be 8528 72 40 (CN code) or 8528 72 40 00 (TARIC code). In the latter case, the applicable customs duty rate is 14%.

We can notice that in the tariff classification, it is important to find the component that gives the product its essential character, that is to say the component which, when removed, causes the product to lose its real characteristics. Therefore, the commercial name of a product should not be a criterion to be taken into account for customs classification purposes because it can be misleading.

It is imperative that the products are properly classified in order to avoid an overestimation or an underestimation of the amount of customs duties to be paid in France. In the event of a payment lower than the actual amount of duties applicable, the customs authorities can chase the ‘Importer of record’ and request the remaining balance due with late payment penalties.

A correct tariff classification will also help to be aware of the customs regulations applicable to a specific product imported in France (prohibition, restriction, safety standards, anti-dumping duties, sanitary or phytosanitary formalities, etc.). In case a company is not completely sure of the exact subheading code under which its product should be classified, it has the possibility to apply for a Binding Tariff Information (BTI). Although the BTI procedure may last several weeks, the BTI decision offers the advantage that it binds all the EU customs administrations which cannot challenge the tariff classification (except in some rare cases) for a period of 3 years.

After the customs code corresponding to the product to bring into France has been found, the importer should also determine the origin of that product. In fact, even when the product is normally subject to the Most Favoured Nation (MFN) duty rate(i.e. the customs duty rate applicable by default to all non-EU countries), a reduced or a nil tariff rate can be applicable if there is a free trade agreement between the European Union and the country of origin. The reduction or cancellation of the duty rate is also possible when the European Union grants a unilateral trade preference to the exporting country.

From a customs perspective, the origin is the country in which a good was wholly manufactured or obtained. It is therefore critical to make a clear difference between the “customs origin” of a product and the “country of departure” of the transport, i.e. the last non-EU country from which the goods are shipped to the customs territory of the European Union.

For instance, specific goods can be manufactured in Malaysia (which is the country of customs origin) but shipped to the EU from the neighbouring country Singapore (which is in this case the “place of origin” or the last country of departure of the transport). After customs clearance upon arrival in France, the said goods will acquire the customs status of the European Union. However, this new EU customs status will not modify the intrinsic origin of the goods; we will have goods of Malaysian origin, coming from Singapore and released for free circulation in the European Union.

When the production of the goods involves more than one country or territory, the customs origin is deemed to be the country where “they underwent their last, substantial, economically-justified processing or working, in an undertaking equipped for that purpose, resulting in the manufacture of a new product or representing an important stage of manufacture.” – Article 60 (2) of the Union Customs Code (UCC).

The EU customs law makes a distinction between two types of origins, namely non-preferential origin and preferential origin.Non-preferential origin which is the customs origin applicable by default. When a good has a non-preferential origin, it means that there is no legal instrument between the European Union and the country of origin allowing the application of a reduced or nil customs duty rate. The rate of customs duty that will be used for the importation of that merchandise into France will be the MFN rate as defined by the Combined Nomenclature.

Preferential origin results from bilateral trade agreements between the European Union (EU) and non-EU countries, or from preferential measures granted unilaterally by the EU to certain third countries. These preferential arrangements enable the application of a reduced or a nil customs duty rate on goods imported into France and originating in beneficiary countries and territories.

When an importer wants to bring into France non-EU goods under a tariff preference scheme, he must normally provide evidence of the preferential origin before the customs clearance actually takes place in France.

In general terms, the proofs of origin are either a declaration of originon the invoice issued by the exporter in the third county for a consignment up to 6’000 Euros (registered exporters can make an invoice declaration for consignments beyond 6’000 Euros) or a certificate of origin signed and stamped by the customs authorities of the exporting country.

A certificate of origin known as FORM.A is used to import into France goods originating in countries benefiting from the GSP (Generalized System of Preferences) arrangements. As from January 1, 2021, FORM.A will be permanently replaced by the certification of origin issued directly on a commercial invoice by an approved exporter under the REX system (The Registered Exporter system).

The EUR.1 certificate is rather used for goods originating in third countries that do not benefit from the GSP, with the exception of cases where a cumulation of origin is applied under the Pan-Euro-Mediterranean system (use of the EUR-MED certificate).

It is worth noting that the A.TR certificate for the movement of industrial products between Turkey and the EU is not a proof of origin as such, but a certification of the Turkish or EU customs status of the goods.

Once the tariff classification of a product and its customs origin have been clearly defined, the last step is to determine the value on the basis of which any customs duties and French import VAT will be computed.

For a correct assessment of import duties and taxes, the customs declaration to be filed in France should mention the exact value of the consignment. The customs value is in principle determined on the basis of the “transaction value”, that is to say the total price of the goods actually paid or to be paid to the seller by the buyer who will import the said goods in the customs territory of the European Union.

Other ancillary charges such as cost related to packaging, transport and insurance up to the first point of entry of the goods into the European Union (non-comprehensive list) can be added to the “transaction value”. In the case of a transport by sea for example, the customs value will generally correspond to the C.I.F value (Cost, Insurance and Freight) up to the first port of entry into the EU.

Customs duties will be calculated on the basis of the C.I.F value, but not the French import VAT which is calculated on the basis of the D.D.P value (Delivered Duty Paid). Indeed, for the determination of the basis for calculating import VAT, it will be necessary to add to the customs value other domestic charges (such as the transport of goods from the port of entry into the EU to the final place of delivery in France), plus the amount of customs duties and other customs taxes except import VAT itself.

There are, however, some situations in which the “transaction value” cannot be used for the determination of the customs value. This is the case, for example, when:a foreign company brings into France its own goods either for a future sale (e.g. consignment stocks or e-Commerce inventories) or for a leasing with or without an option to purchase the same;

the buyer and the seller are legally or financially bound in such a way that their relationship influences the selling price of the goods (e.g. some transfer pricing between entities belonging to a same multinational group);

In such cases, the importer will have to use secondary methods of customs valuation in order to find the real value of the goods. Article 74 of the Union Customs Code (UCC) sets a precise order in which the alternative methods should be used, the goal being to reach to the first method of substitution under which the customs value can be determined.

The transaction value of identical or similar goods, produced in the same country, and sold for export to the EU at the same time or about the same time as the goods to be valued should be taken into account.

The “identical goods” are in all respects the same as the goods being valued (features, intrinsic quality and commercial reputation) while the “similar goods” only have close resemblance with imported goods in respect of their component materials and characteristics, allowing them to perform the same functions and to be commercially interchangeable.

The customs value is established on the basis of the unit price of the first sale in the EU, after customs clearance in France, of the greatest aggregate quantity of the imported goods or identical or similar goods. This price is acceptable only when there is no legal or financial link between the supplier and its customers. The amount of the commissions or margins usually charged, transport and insurance costs, import duties and taxes due in the European Union will be taken away from the sale price.

In this method, the customs value is obtained by performing an arithmetic operation whose result corresponds to the sum of the 3 following elements :the cost of raw materials and manufacturing operations necessary for the production of the imported goods ;

the amount of profit (minus the general expenses usually taken into account) realized by producers located in the same country from which the goods being valued are exported, who export goods of the same kind to the EU ;

the costs of loading, transport, handling associated with transport and insurance up to the first point of entry into the customs territory of the EU ;

Whenever it is not possible to determine the customs value of goods by the primary method (i.e. the transaction value) or using one of the secondary methods listed above, it shall be determined by reasonable means, based on objective and quantifiable data available in the customs territory of the Union.

The determination of the tariff classification, the customs origin and the commercial valueof a product is a fundamental step for a correct assessment of import duties and taxes levied in France.

While the trade agreements between the EU and certain third countries may lead to the application of a reduced or nil customs duty rate on goods imported into France (mainland), the Value Added Tax (VAT) still applies and a cash disbursement is necessary, except in very limited cases of exemption, suspension or reverse charge (deferment account).

The standard VAT rate for imports into France (mainland) is 20% in 2020. There is also an intermediate rate of 10% and a reduced rate of 5.5% which apply to certain products specifically targeted by the tax law.

In order to find the rate of customs duty applicable to a product you intend to import into France, you can use the simulator of the International Trade Center (ITC) which is a joint agency of the World Trade Organization (WTO) and the United Nations (UN). Please note that this tool does not indicate the French VAT rate which, except in specific cases, amounts to 20% of the DDP value of your import.

You are acting on behalf of a foreign company and you would like to reclaim French VAT paid on commercial imports in France up to December 31st, 2021, feel free to send us a message using the contact form or dial +33-261-536-544 to reach our English speaking line.

For commercial imports as from January 1st, 2022, no payment of import VAT is due in France as long as the Importer of Record has a valid French VAT identificaton number.

Go To TopThe content published here above is based on information timely as of the date of publication, unless otherwise indicated. Amendments to the tax laws in the EU country covered in this article could have been passed recently.

In order to ship your TV safely to India, it is essential that they are packaged appropriately to minimize any chances of damage. To ensure secure packaging, it is best to use the original retail box that your TV arrived in. However if you did not save the original packaging, you need to purchase a box specifically designed to accommodate televisions. Our packing experts at Universal Relocations can further assist you with finding the apt boxes and wooden craters.Here are some other important guidelines to remember while packing your tv

In case you did not save your TV’s original packaging, we can provide you with the right box along with customized wooden crating and ensure it gets transported properly. If you require further assistance with any challenges that may arise while you prepare to move, do not hesitate to contact us and communicate your issues. Our team of experts are trained to ship your TV and other electronics safely to your destination with no hassle.Transporting your TV

Once your TV is packed appropriately, you may drop it off to any one of our warehouses located in New Jersey / Maryland / California / Texas / Georgia. Once shipped to India, you may then pick it up from any one of our warehouses located in Chennai / Bangalore / Hyderabad / Mumbai / Delhi

You may also opt to have your TV picked up and delivered to your residence at an additional charge.Warehouse to Warehouse TV shipping charges from USA to India

The guidelines for customs officers reports that the duty is 38.5% on “assessed value”. The value will be assessed on arrival, based on parameters such as make, model, condition of the TV- whether new or old.

NRI/PIO who are returning to India for an extended period should consider using the transfer of residency so that they can take advantage of relaxed customs duties. Transfer of Residence is a facility provided to persons who intend to transfer their residence to India after a stay abroad of at least two years. This facility allows the imported personal and household articles, free of duty and certain other listed items, on payment of a concessional rate of duty. Those taking transfer of residence is no longer subjected to any minimum stay requirements in India.

The requirements to qualify for transfer of residency concessions: A minimum stay of two years abroad, immediately preceding the date of arrival on transfer of residency is required. Total stay in India on short visits during the 2 preceding years, should not exceed 6 months, and such persons have not availed concessions under transfer of residency in the preceding three years.

hortfall of up to two months in stay abroad can be condoned by Deputy Commissioner of Customs or Assistant Commissioner of Customs if the early return is on account of terminal leave or vacation being availed of by the passenger or any other special circumstances for reasons which will be required in writing by the customs authorities. The Principal Commissioner of Customs or Commissioner of Customs may condone short visits in excess of six months in special circumstances for reasons to be recorded in writing.

The total combined value of such goods should not exceed rupees five lakh. NRIs should also be aware that, not more than one unit, of each item of such goods is allowed, per family. Items allowed duty free under transfer of re