I am thinking of starting an import business where I will be buying video games items from US, Hongkong,China etc and sell them in Delhi. I have got the suppliers and buyers and the only thing which I am not sure is the custom regulations.
Can anyone give me an idea of custom duty on video games import, other charges etc that I will incur in bringing the items in Delhi.?
Is it necessary to get import/export license to start this business?
Is it necessary to pay VAT while selling these items?
Can anyone give me an idea of custom duty on video games import, other charges etc that I will incur in bringing the items in Delhi.?
Is it necessary to get import/export license to start this business?
Is it necessary to pay VAT while selling these items?