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Import tax for distribution

Last post 12-30-2007 6:39 AM by norwin. 6 replies.
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  • 09-12-2005 12:00 AM

    • sabraj02
    • Top 200 Contributor
    • Joined on 09-10-2005
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    Import tax for distribution

    Gentlemen,
    What is the import tax structure in bangalore?

    Do I need a licence if I want to open distributorship for imported wines?

    Raj

    • Post Points: 0
  • 10-13-2005 12:00 AM In reply to

    • Vinays
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    • Joined on 10-13-2005
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    Re: Import tax for distribution

    Hi Raj,

    Can i know where in bangalore do you stay..............

    Vinay

    • Post Points: 0
  • 12-23-2005 12:00 AM In reply to

    • soma
    • Top 500 Contributor
    • Joined on 04-08-2006
    • Hyderabad
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    Re: Import tax for distribution

    Hi,

    I would like to know the answer for the same question

    What is the import tax structure in Hyderabad?

    Do I need a licence if I want to open distributorship for imported wines?

    Soma.

    • Post Points: 0
  • 01-18-2006 12:00 AM In reply to

    • venki
    • Top 10 Contributor
    • Joined on 03-15-2006
    • USA
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    Re: Import tax for distribution

    Here is the pricing structure draft in Maharashtra if you import wine from aborad as of today. It may be similer other states.

    Cost Card for BIO Wines
    Pricing under duty paid scheme
    CIF / Bottle US$ 4
    Eqvt Indian Rupees 176.00
    Basic Duty 101% 177.76
    Sub Total 353.76
    Additional Duty 75% 146.00
    Sub Total 499.76
    Education Cess 2% 6.48
    Sub Total 506.24
    Excise 150.00
    Sub Total 656.24
    Octroi 7.14% 46.86
    Landed in Mumbai 703.09
    Company`s Gross margin 351.55
    Selling price to distributor 1054.64
    VAT @ 20% 210.93
    Sub Total 1265.56
    Distributor Margin 12% 151.87
    VAT on Dist Margin 30.37
    Sub Total 1447.80
    Retail Margin 12% 173.74
    VAT on Retail Margin 34.75
    Consumer Price 1656.29

    It is slightly different for 5 star hotels.

    Pricing under Duty Free Scheme for Hotels
    CIF / Bottle US$ 4
    Eqvt Indian Rupees 176.00
    Octroi 46.86
    Excise 150.00
    Sub Total 372.86
    Company Gross Margin 351.55
    Selling Rate to Distributor 724.40
    VAT @ 20% 144.88
    Sub Total 869.28
    Dist Margin 12% 104.31
    VAT on Dist Margin 20.86
    Price to Hotels 994.46

    Venki
    • Post Points: 20
  • 02-21-2007 10:45 AM In reply to

    • admin
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    • Joined on 02-14-2006
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    Re: Import tax for distribution

    Filed under:
    • Post Points: 20
  • 12-12-2007 4:37 AM In reply to

    Re: Import tax for distribution

    Thanks alot Venki for the information.

    if u happen to know , can u please tell me that will we be cahrged  the custom duty i.e 150% if we import wine samples for dustribution in india ( delhi ).

    thanks alot

     

    • Post Points: 5
  • 12-30-2007 6:39 AM In reply to

    • norwin
    • Top 25 Contributor
    • Joined on 12-23-2007
    • Posts 7
    • Points 80

    Re: Import tax for distribution

    hello,

     

    has'n' tax strycture being changed in recentd time?  I tought i have read its much cheaper now to import wine from europe for exmple.

     

    Norwin

     

    • Post Points: 5
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