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Re: Customs Duty on importing miner from china to india?
by
chetubc
on 29/09/2017, 16:12:12 UTC
I'm importing miners too but they are from France. (Had to go through a reseller). Any tips?
I have applied for an IEC.
What should the price be put as? For a product actually of 3000$ can I have a value of 1000-1500$(USD) or should it be higher/lesser.
Any advice? Will be happy
Thanks in advance,
Akaash

I saw a news that after GST have been implemented, GSTIN is used instead of IEC for import and export. Is it true?

Are you sure you need IEC? I was hoping to get away with GSTIN
I am not sure...!!! I am an individual and I am a student so I don't have a GSTIN... I was looking for tips here... But nobody seems to have replied... Can you update if you find anythjng new?

I am expecting my miners to arrive last week of this month, or probably by the 2nd week of September. I think PAN card is enough if you are importing small number of miners (personal use). The total value of my import is more than 14000 USD, so I don't think they would buy it if I say it is for personal use, So I am planning to register a SSI unit. I ll post the details of my import and i ll see if i can get some information on import for individuals from my courier representative.


Did you receive your miners? I was really thinking hard on importing miners. why are they not getting custom clearances? I am unaware of this problem. where can I track it?
Does GSTIN still required if I am an individual?