EXAMPLE (FOR CALCULATION OF LANDED COST)

Say you want to import shoes 500 in number from a vendor in China. The total volume of goods are 2CBM and value of goods is 40 RMB Per fair (let us Presume RMB is Rs10.80). The Vendor give delivery at one of our Warehouse in china and cartage from our warehouse in Delhi to your Place say Ludhiana is Rs. 1000 the Following would be total cost of landing for the said goods by sea mode.

 

No.

Description.

Details.

Amount(Rs.)

A. Cost of Goods FOB China 40×10.8×500      216000
b Freight Charges 5000 Per CBM for 2CBM 2cbm       10000
C Value for Levying Commission  A+b      226000
D Commission of 3% on 22,6000 3%        6780
E Custom Duty @25% [C + D ] x 25%       58195
F Social Welfare @ 10% of Custom Duty E X 10%        5820
G Total Cost [C+D+E+F]      296795
H GST on the Bill G X 5%       14840
I Total [ G+H ]      311635
J Cartage From Delhi to Ludhiana        1000
K Landed Cost at Doorstep [ I+J ]      312635
  • GST of 14840 is recoverable / refundable as input Credit to Trader / Manufacturer.
  • Actual charges shall be calculated after final negotiations.