Querist :
Anonymous
(Querist) 27 January 2012
This query is : Resolved
If i have to purchase any goods(cosmetics) from foreign country say for eg. from HongKong then is there any limit on import but the payment is made from India only.
Raj Kumar Makkad
(Expert) 28 January 2012
You shall have to pbtain license for this purpose and there shall not be any limit thereafter.
Sailesh Kumar Shah
(Expert) 28 January 2012
By paying relevant taxes, you can import of cosmetic goods for consumption as personal use.
Devajyoti Barman
(Expert) 28 January 2012
This for commercial purpose and does not appear to be for personal use.
H.M.Patnaik
(Expert) 28 January 2012
Yes, from the limited info in the query , i agree with Mr.Barman that the intended import transaction looks like a commercial one. If that be the intention, the importer has to complete the prescribed formalities and deposit the duties/ taxes at applicable rates for going through the transaction.
Sailesh Kumar Shah
(Expert) 29 January 2012
Dear Mr.Barman/Mr. H M Patnaik,
Mentioned in Subject "consumption".
Shonee Kapoor
(Expert) 29 January 2012
If you want for usage of commercial purpose you need to have an EXIM no. and all relevant clearances.
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