I. Total tax amount = basic tariff+additional tariffs+special additional tariffs basic tariff = total CIF+total CIF × basic tariff rate additional tariffs = basic tariff × additional tariffs tax rate Special additional tariffs = (basic tariff+additional tariffs) × special additional tariffs tax rate II. The taxes levied by the Indian authorities on products imported into India include: 65,438+0, basic tariff 2 and additional tariffs rate. Here's a brief introduction to the taxes levied: 1, and different products need to levy different basic tariff rates. 1975 article 4 of the tariff law stipulates its detailed requirements, which is called "standard tax rate". India can get preferential tariffs if it signs bilateral or other agreements with the country. The basic tariff accounts for a part of the total product or a specific percentage, which depends on the calculation of different products at customs clearance. The basic tax rate must include the insurance and freight of the products.
2. The so-called additional tariffs, similar to the consumption tax levied on products produced by Indian manufacturers, are levied from the tariff law of 1975. Generally speaking, cvd means offset tax, and the correct term is additional tariffs. In order to calculate the accurate additional tariffs, the manufacturer must first evaluate the grade of the product according to the consumption tax law of the main product. However, certain products are subject to specific taxes. Additional tariffs's tax rate is calculated on the basis of CIF+basic tariff.
3. 1975 The Customs Tariff Law stipulates the special additional tariffs. Additional tariffs, in particular, is calculated on the basis of the total amount of tax payable, basic tariffs and the above-mentioned additional tariffs.
4. Surcharge tax is generally 10% of the basic tariff.
5. Anti-dumping duty (Article 9A of Tariff Law 1975) refers to a kind of tax levied by India on certain products dumped by some countries in order to protect the development of domestic industries. The imposition of anti-dumping duties must depend on the investigation.
6. Security tax (Article 8a of Customs Tariff Law 1975) is a tax levied on certain products imported into India within a certain period of time, with the purpose of preventing products from being excessively imported into India, thus causing harm to Indian industry.
7. tax exemption. Tax exemption can be expressed in many different ways. The following is a brief introduction to tax exemption: 1) tax exemption notice The central government issues tax exemption information through government notice, which can be conditional or unconditional. Certain products imported under certain conditions can be exempted from tax, such as those imported by UN member states. Some unconditional tax exemptions may promote border trade. 2) Preferential tariff rate only refers to the tariff preference obtained when products from Sri Lanka, Mauritius, Seychelles and Tonga are imported into India as long as certain conditions are met. Written regulations have been formulated to determine whether the origin of imported products is within the scope of these countries. The determination of origin is very important, and it is one of the bases for determining the tax rate that must be paid for imported products.