Engineering and automobile components
Engineering and auto-component makers import machine tools, dies and raw materials. MOOWR defers the duty and removes the per-transaction licence cycle that export schemes require.
Why MOOWR fits this industry
Engineering and auto-component makers import machine tools, dies and raw materials. MOOWR defers the duty and removes the per-transaction licence cycle that export schemes require.
Where it applies
- CNC and machine tools
- Dies, moulds and fixtures
- Steel, alloys and castings
- Sub-assemblies for OEM supply
Serving both markets
Duty on inputs used in exported goods is remitted. Duty on inputs used in goods sold in India is deferred and paid on domestic clearance, without interest. There is no export obligation.
Sector duty incidence
Sector average — provisional
| Basic customs duty (BCD)7.5% of assessable value | ₹7.50 |
|---|---|
| Social welfare surcharge (SWS)10% of the BCD amount | ₹0.75 |
| AIDC0% of assessable value | ₹0.00 |
| IGST18% of value plus duties | ₹19.48 |
| Total incidence per ₹100 of assessable value | 27.7% |
Indicative only. Check your own tariff line on the ICEGATE customs duty calculator.
Tariff lines
| HS code | Description |
|---|---|
| 84571000 | Machining centres for working metal |
| 84581100 | Horizontal lathes, numerically controlled |
| 84621900 | Forging or die-stamping machines and hammers |
Case studies
Look up the duty on what you import or talk to us about your sector.