Assessable Value – (A) (CIF Value + 1% Landing Charge of CIF) |
|
(A)
|
Basic Duty – (B)
(A) x Basic Duty Rate
|
|
(B)
|
Preferential Duty – (B) (A) x Pref. Duty Rate |
|
(B)
|
IGST: Additional Duty – (C) (A+B) x IGST Rate |
|
(C) |
Central Excise Edu Cess – (D) (C) x Central Excise Edu Cess rate |
|
(D) |
Customs Education Cess – (E) (B+C+D) x Customs Edu. Cess rate |
|
(E)
|
Social Welfare Surcharge – Special Duty – (F) (A+B+C+D+E) x Social Welfare Surcharge |
|
(F)
|
Total Custom Duty |
(B+C+D+E+F) |
|