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Imports from australia - men's/women's innerwear

(Querist) 30 October 2013 This query is : Resolved 
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?
ajay sethi (Expert) 31 October 2013
commercial query .
Abhishek (Querist) 31 October 2013
yeah so any help or pointers???
R.K Nanda Online (Expert) 01 November 2013
totally commercial query.
Abhishek (Querist) 01 November 2013
am new to this site. wht does commercial query mean. ofcourse am willing to pay a professional for such services. but right now i need an opinion too!
R.K Nanda Online (Expert) 01 November 2013
consult local lawyer.
Abhishek (Querist) 01 November 2013
then whts the use of an online platform?
Devajyoti Barman (Expert) 01 November 2013
we do not reply commercial query here.
Rajendra K Goyal (Expert) 01 November 2013
Commercial query is not replied at this site.
malipeddi jaggarao (Expert) 02 November 2013
Duties on invoice value not on MRP value.
If you wish to import goods for commercial purpose first you should have IMPORT-EXPORT CODE Number issued by Director General of Foreign Trade. The duties are governed by the EXIM Policy of the Government of India, Commerce Ministry. You can contact me further on 9490753458.


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