Steel Fasteners Import Duty & Landed Cost: China to India
Full 2026 tariff breakdown, customs duty calculations, and compliance alerts for importing into India.
2026 Tariff & Cost Breakdown for Importing Steel Fasteners
The total cost of importing Steel Fasteners from China to India includes a 12.5% duty and 18% VAT on the CIF value in USD. This means that for every $100 of Steel Fasteners imported, you'll pay $12.50 in duty and $18 in VAT, totaling $130.50.
Cost Breakdown
| Component | Rate | Amount |
|---|---|---|
| Product Value | — | EUR 0.94 |
| Shipping | — | EUR 0.00 |
| Insurance | — | EUR 0.00 |
| CIF Value | — | EUR 0.94 |
| Customs Duty | 12.5% | EUR 0.12 |
| VAT/GST | 18% | EUR 0.19 |
| Total Landed Cost | — | EUR 1.25 |
HS Code Classification for Steel Fasteners
Primary HS Code: 7307.199000 — What It Covers
The primary HS Code for Steel Fasteners is 7307.199000, which covers various types of fasteners made of steel. Central Board of Indirect Taxes and Customs requires accurate classification to avoid penalties.
Why Misclassification Carries Risk in India
Misclassifying Steel Fasteners can lead to incorrect duty payments, fines, or even shipment seizures, emphasizing the need for precise HS Code classification.
Step-by-Step Guide: Importing Steel Fasteners from China to India
Step 1: Verify Your HS Code & Product Description
Verify the HS Code and product description of your Steel Fasteners to ensure compliance with Central Board of Indirect Taxes and Customs regulations.
Step 2: Gather Required Import Documents
Gather all necessary import documents, including a commercial invoice, certificate of origin, and packing list.
Commercial Invoice Requirements
A commercial invoice must include the HS Code, product description, quantity, and value of the Steel Fasteners in USD.
Certificate of Origin
A certificate of origin is required to verify the country of origin of the Steel Fasteners, which is China in this case.
Packing List & Shipping Documents
A packing list and shipping documents, such as a bill of lading or air waybill, are necessary for customs clearance.
Step 3: Calculate Your Landed Cost
Calculate the landed cost of your Steel Fasteners using the formula: CIF + Duty (12.5%) + VAT (18%) = Total, in USD.
Step 4: Submit to India Customs Authority
Submit your import documents to the Central Board of Indirect Taxes and Customs for customs clearance.
Step 5: Pay Duties & Clear Goods
Pay the required duties and clear your Steel Fasteners from customs, ensuring compliance with all regulations.
How to Legally Reduce Duty on Steel Fasteners Imports into India
Applicable Free Trade Agreements in 2026
No bilateral Free Trade Agreement exists between China and India, meaning no preferential tariffs apply to Steel Fasteners imports.
Duty Deferral Options: Bonded Warehouses & FTZs
Consider using a Public Bonded Warehouse to defer duty payments on your Steel Fasteners imports.
Preferential Tariff Programs
No preferential tariff programs apply to Steel Fasteners imports from China to India, so the standard 12.5% duty applies.
India Customs Compliance Rules for Steel Fasteners
Central Board of Indirect Taxes and Customs Requirements for Steel Fasteners
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 BIS Certification and ISO 9001 requirements.
De Minimis Threshold
There is no De Minimis threshold applicable to Steel Fasteners imports, so all shipments are subject to duty and VAT.
Anti-Dumping or Safeguard Duties
Anti-dumping duties may apply to Steel Fasteners from China; verify with your customs broker for specific details on applicable duties.
Frequently Asked Questions About Steel Fasteners Import Duty from China to India
What is the duty rate for Steel Fasteners from China to India?
The duty rate for Steel Fasteners from China to India is 12.5%. Additionally, an 18% VAT applies. The Central Board of Indirect Taxes and Customs requires accurate payment of these duties.
Do I need any certifications to import Steel Fasteners?
Yes, you need BIS Certification and ISO 9001 to import Steel Fasteners into India. The Central Board of Indirect Taxes and Customs enforces these requirements.
Can I use a bonded warehouse to store my Steel Fasteners?
Yes, you can use a Public Bonded Warehouse to store your Steel Fasteners and defer duty payments. This can be beneficial for managing your import costs.
What is the penalty for non-compliance with customs regulations?
The penalty for non-compliance can be a fine up to 5 times the duty involved or imprisonment for a term which may extend to 3 years, or both. The Central Board of Indirect Taxes and Customs strictly enforces these penalties.
Are there any Free Trade Agreements that apply to Steel Fasteners imports?
No, there is no bilateral Free Trade Agreement between China and India that applies to Steel Fasteners imports. As a result, standard duties and VAT apply.
How do I calculate the landed cost of my Steel Fasteners imports?
Calculate the landed cost using the formula: CIF + Duty (12.5%) + VAT (18%) = Total, in USD. This will give you the total cost of importing Steel Fasteners from China to India.