Iron Bolts Import Duty & Landed Cost: United States to India

2026 Tariff & Cost Breakdown for Importing Iron Bolts

The total cost of importing Iron Bolts from the United States to India includes the CIF value plus an 18% duty and 0% VAT, all calculated in INR. This means importers must factor in the higher duty rate when calculating their landed cost.

HS Code Classification for Iron Bolts

Primary HS Code: 7318.150000 — What It Covers

The HS Code 7318.150000 covers Iron Bolts originating from the United States, which are subject to the specified duty and tax rates. Accurate classification is vital to avoid penalties.

Why Misclassification Carries Risk in India

Misclassifying Iron Bolts under the wrong HS Code can lead to incorrect duty payments, fines, and even penalties under the Customs Act, 1962, enforced by the Central Board of Indirect Taxes and Customs.

Step-by-Step Guide: Importing Iron Bolts from United States to India

Step 1: Verify Your HS Code & Product Description

Importers must verify the HS Code 7318.150000 and ensure their Iron Bolts match the product description to avoid misclassification. Iron Bolts require careful handling, like storing them in Public Bonded Warehouses to maintain compliance.

Step 2: Gather Required Import Documents

Importers need to gather all necessary documents, including BIS Certification and ISO 9001 certification, to comply with Indian regulations.

Commercial Invoice Requirements

A commercial invoice must include the HS Code, product description, quantity, and value of the Iron Bolts to facilitate smooth customs clearance.

Certificate of Origin

A Certificate of Origin is required to confirm the United States as the country of origin for the Iron Bolts.

Packing List & Shipping Documents

Accurate packing lists and shipping documents are necessary for customs clearance and to prevent delays or penalties.

Step 3: Calculate Your Landed Cost

To calculate the landed cost, importers must use the formula: CIF value + Duty (18%) + VAT (0%) = Total, all in INR.

Step 4: Submit to India Customs Authority

Importers must submit their import declaration and supporting documents to the Central Board of Indirect Taxes and Customs for clearance.

Step 5: Pay Duties & Clear Goods

After clearance, importers must pay the calculated duties and comply with all regulatory requirements to clear their Iron Bolts from customs.

How to Legally Reduce Duty on Iron Bolts Imports into India

Applicable Free Trade Agreements in 2026

There is no bilateral Free Trade Agreement between the United States and India that applies to Iron Bolts imports, limiting duty reduction options.

Duty Deferral Options: Bonded Warehouses & FTZs

Importers can utilize Public Bonded Warehouses to defer duty payments, but this requires compliance with Central Board of Indirect Taxes and Customs regulations and does not eliminate the 18% duty on Iron Bolts.

Preferential Tariff Programs

No preferential tariff programs apply to Iron Bolts imported from the United States to India, making duty reduction through these programs impossible.

India Customs Compliance Rules for Iron Bolts

Central Board of Indirect Taxes and Customs Requirements for Iron Bolts

The Central Board of Indirect Taxes and Customs requires importers to obtain an Importer Exporter Code (IEC) from the Directorate General of Foreign Trade and comply with all regulations, including those related to BIS Certification and ISO 9001.

De Minimis Threshold

The de minimis threshold is set at 2000 INR, below which no duties are payable, but this does not apply to most Iron Bolts shipments due to their value exceeding this threshold.

Frequently Asked Questions About Iron Bolts Import Duty from United States to India

Rates are based on 2026 tariff schedules. Verify with a licensed customs broker before making import decisions.