# India Import Landed Cost Calculator with BCD, SWS and IGST

> Source: https://netray.co/tools/india-import-landed-cost-calculator-bcd-igst
> Publisher: Netray (netray.co), AI and integration engineering for ERP and manufacturing systems.
> Section: Free Tools

## Short answer

Convert an FOB import to rupees, add freight, insurance, customs duty, surcharge and clearing charges, and see landed cost per unit.

## Category

regional

## Erp

SAP Business One

## Region

India

## Audience

- Purchase manager
- Import manager
- Cost accountant

## Tool

**Kind:** calculator

**Currency:** Rs 

**Inputs:**

#### FOB value

**Key:** fob

**Type:** number

**Default:** 20000

**Min:** 0

**Step:** 100

**Unit:** USD

#### International freight

**Key:** freight

**Type:** number

**Default:** 1400

**Min:** 0

**Step:** 50

**Unit:** USD

#### Insurance (percent of FOB)

**Key:** ins_pct

**Type:** number

**Default:** 1.125

**Min:** 0

**Step:** 0.025

**Unit:** %

**Help:** Customs deems 1.125% of FOB when actual insurance is not declared.

#### Customs exchange rate

**Key:** fx

**Type:** number

**Default:** 84

**Min:** 1

**Step:** 0.1

**Unit:** Rs per USD

**Help:** Use the CBIC notified exchange rate on the bill of entry date.

#### Basic customs duty

**Key:** bcd_pct

**Type:** number

**Default:** 7.5

**Min:** 0

**Step:** 0.5

**Unit:** %

#### IGST on imports

**Key:** igst_pct

**Type:** number

**Default:** 18

**Min:** 0

**Step:** 1

**Unit:** %

#### Clearing, port and local charges

**Key:** clearing

**Type:** number

**Default:** 38000

**Min:** 0

**Step:** 500

**Unit:** Rs

#### Quantity imported

**Key:** qty

**Type:** number

**Default:** 400

**Min:** 1

**Step:** 1

**Unit:** units

**Outputs:**

#### CIF value

**Key:** cif

**Expr:** fob + freight + fob * ins_pct / 100

**Format:** currency

**Description:** Shown in the foreign currency amount, not rupees.

#### Assessable value

**Key:** av

**Expr:** cif * fx

**Format:** currency

#### Basic customs duty

**Key:** bcd

**Expr:** av * bcd_pct / 100

**Format:** currency

#### Social welfare surcharge (10% of BCD)

**Key:** sws

**Expr:** bcd * 10 / 100

**Format:** currency

#### IGST payable (creditable)

**Key:** igst

**Expr:** (av + bcd + sws) * igst_pct / 100

**Format:** currency

#### Landed cost excluding creditable IGST

**Key:** landed

**Expr:** av + bcd + sws + clearing

**Format:** currency

**Primary:** true

#### Landed cost per unit

**Key:** unit

**Expr:** landed / qty

**Format:** currency

**Primary:** true

#### Cash outflow at clearance

**Key:** cash

**Expr:** av + bcd + sws + igst + clearing

**Format:** currency

**Chart:**

#### Landed cost per unit vs exchange rate

**Type:** line

**X:** fx

**From:** 78

**To:** 92

**Steps:** 28

**Series:**

- unit

**Disclaimer:** Duty rates, surcharge and exemptions depend on the HS code and notifications. Confirm with your customs broker.

## Content

**Intro:** Indian importers price stock on landed cost, not on the supplier invoice. Customs duty is computed on assessable value in a cascading order, and IGST is charged on the sum including duty. This calculator follows that order and shows both landed cost and the cash you need at the port.

**Sections:**

#### How to use it

**Body:** Enter the FOB value, freight and insurance, the customs exchange rate and the duty rates for your HS code. Add clearing and local charges in rupees and the quantity. The tool shows the assessable value, each duty element, landed cost per unit and the total cash outflow. Use the exchange-rate chart to see how a movement of a few rupees changes unit cost before you fix a selling price in Tally Prime or SAP Business One.

#### Calculation order

**Body:** Assessable value is CIF converted at the notified customs rate. Basic customs duty is a percentage of assessable value. The social welfare surcharge is 10% of BCD where applicable. IGST is charged on assessable value plus BCD plus surcharge. For a registered business with ITC, IGST is a creditable tax and does not enter inventory cost, so landed cost is assessable value plus BCD plus surcharge plus clearing charges. Cash outflow includes IGST until it is claimed.

**Bullets:**

- Anti-dumping, safeguard and cess duties are not included.
- Exchange rate differences between invoice and customs rate go to costing.
- Duty exemptions under free trade agreements need a certificate of origin.

#### Booking it in your ERP

**Body:** In SAP Business One use landed costs on the goods receipt PO to spread customs and freight over items by value or weight. In Tally Prime, record purchase expenses against the stock item using additional cost allocation. Always keep the bill of entry number with the voucher, because the IGST credit in GSTR-2B comes from the customs data. A mismatch between the bill of entry and the books is a frequent cause of ITC reconciliation work.

**Cta:** Netray can build a read-only costing check over your purchase data that compares booked landed cost with bill of entry values.

**Faq:**

#### Why is IGST excluded from landed cost?

**Answer:** A registered business can claim IGST paid on imports as input tax credit, so it is not a cost. If your goods are for exempt supplies or credit is blocked, add IGST to inventory cost instead.

#### Which exchange rate applies?

**Answer:** The rate notified by CBIC for the date of the bill of entry, which differs for imports and exports and is updated periodically. It is usually not the same as the bank rate on payment day.

#### What if insurance is already on the invoice?

**Answer:** If the contract is CIF, set freight and insurance to the amounts embedded in the price or enter FOB as the CIF value with zero freight and insurance. Avoid counting the same cost twice.

#### Is the surcharge always 10%?

**Answer:** The social welfare surcharge has been 10% of the basic duty for most goods, but exemptions exist. Check the tariff entry for your item and any notification that exempts it.

## Search terms

import landed cost calculator india, customs duty calculator india, bcd igst calculator, assessable value calculation, landed cost per unit import, social welfare surcharge customs, import costing sap business one

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