However, the customs duty
rate does not only depend on the document but also on the subjective factor- the person who imposes the customs duty
," Grekov stated, emphasizing that if ten trucks of watermelons entered Sofia upon the payment of stotinkas' worth of customs duty
, or exempt from customs duty
, both the state coffers would remain empty and the producers would stay hungry.
This includes customs duty
and a shipping cost in addition to the base price, which are notional as the petroleum products are actually produced within the country.
Summary: DUBAI - The customs duty
on vehicles, gadgets and apparatuses for people with special needs will be waived across the GCC, thanks to a special initiative by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Basic customs duty
on imported cars valued in excess of $40,000 (approximately Rs 2 crore) and cars with engine capacity exceeding 3,000cc for petrol and 2,500 cc for diesel has been increased from 60 per cent to 75 per cent.
The customs duty
collection went up by 4% in December.
A relief has been announced in customs duty
on import of certain class of polyethylene and polypropylene, used in the production of mono-filament yarn and net fabric, by the Pakistan's Federal Board of Revenue (FBR).
Now it has been reported that the luxury car maker BMW India has announced that it has started assembling engines of 3 and 5 Series sedans and sports utility vehicle X1 at its Chennai plant from April to avoid the higher 30 per cent customs duty
, following the new norms on completely knocked down units in the Budget.
The two sides emphasized on expansion of ties in the sphere of bilateral trade exchange especially in 697 identified goods from both sides, wherein either zero rate or concessional customs duty
Although the basic customs duty
of 150% on imported spirits continues to apply, EU spirits producers will, for the first time, be able to compete with domestic producers," commented CEPS Director-General Jamie Fortescue.
Customs value" means the value taken into account in determining the amount of customs duty
or any other duties on the importation of any property.
Determine whether any voluntary internal reviews resulting in payments of additional Customs duty
have been performed.
Motor vehicles: Customs duty
on four wheel drive vehicles like Pajero is proposed to be increased from 80 per cent to 100 per cent and on motor cars of engine capacity exceeding 1300 cc by 10 per cent.