If one is importing innerwear/underwear from Australia to India - can som1 clarify what are the costs and duties. Will it be on MRP or on actual buying price (as MRP is very high and products will be sold on highly discounted prices in local markets).
also the products will have USD tags - is it compulsory to have INR tags put - can that be done later once products land in the country?
am new to all this so if som1 can help with details will be great help. i want to do evrything legally and not get into any trouble! but som1 told me total duty will come to 30% on the MRP and not on buying price - which means it will be commercially unviable to import in india?