5. Abrasive Cutting Machine Abrasive Cutting Machine under category Industrial Plants & Machinery Abrasive Cutting Machine
    INR  2 lakh 2020-11-05 https://schema.org/InStock

How to
Import Abrasive Cutting Machine to India

Are you here to know how you can import Abrasive Cutting Machine to India? Well, Connect2India gives you the complete understanding about how to import Abrasive Cutting Machine to India, from where to import Abrasive Cutting Machine, at what price Abrasive Cutting Machine should be imported and also the best Abrasive Cutting Machine exporters in the world.

Abrasive Cutting Machine

Summary for the Indian Abrasive Cutting Machine import

In FY 2020-2021 (Apr-Nov), Around 6.09 USD million of Abrasive Cutting Machine is imported from India to Germany. It is around 50.58% of the total import of Abrasive Cutting Machine.

  • The value of Abrasive Cutting Machine import from India in October 2020 is 1.22 USD million .
  • Major countries where Abrasive Cutting Machine was imported in October 2020 are Germany(0.84), China(0.19), Italy(0.06), USA(0.06), France(0.05).
S.no. Country Qty Value(USD Million) Month year
Germany 0 0.84 October 2020
China 2560 0.19 October 2020
Italy 0 0.06 October 2020
USA 0 0.06 October 2020
France 0 0.05 October 2020
TAIWAN 20 0.02 October 2020
Belgium 0 0.0 October 2020
Czech Rep. 0 0.0 October 2020
China, Hong Kong SAR 0 0.0 October 2020
Japan 0 0.0 October 2020
Rep. of Korea 0 0.0 October 2020
Lithuania 0 0.0 October 2020
Mexico 0 0.0 October 2020
Netherlands 0 0.0 October 2020
Poland 0 0.0 October 2020
Romania 0 0.0 October 2020
Russian Federation 0 0.0 October 2020
Viet Nam 0 0.0 October 2020
Spain 0 0.0 October 2020
Suriname 0 0.0 October 2020

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There are 29 distinct countries to import Abrasive Cutting Machine into India. Collectively India imported 12.04 USD Million of Abrasive Cutting Machine from those 29 countries in 2020-2021 (Apr-Nov) and 29.8 USD Million in 2018, which is up by 41.7% than the Abrasive Cutting Machine imported into India the previous year. In 2017, 20 countries exported around 43160 quantity of Abrasive Cutting Machine to India while in 2018, India’s Abrasive Cutting Machine import accounts to 48820 quantity from 22 countries. This shows the rise of 13.11% Abrasive Cutting Machine import in terms of quantity imported.

To import Abrasive Cutting Machine to India, the best countries according to Indian shipment records are Germany, Japan, Netherlands, China, Belgium . Together they sold 12.04 USD Million worth value of Abrasive Cutting Machine to India.

Overall the import of Abrasive Cutting Machine into India gain of 131.73% since 2014 when Abrasive Cutting Machine import shipments into India were valued at 12.86 USD Million. Year over year, the value of Abrasive Cutting Machine import from India up by 41.7% from 2017 to 2018.

The import reached an all time high of 29.8 USD Million during the year 2018.

Among the countries from where Abrasive Cutting Machine is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their Abrasive Cutting Machine imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of Abrasive Cutting Machine, you should know the HS CODE of products at first.

Some HS Codes corresponding to Abrasive Cutting Machine are

S.No Product H.S Code

Use our HS CODE FINDER tool to search for the hs codes of products

Top Global Markets for import Abrasive Cutting Machine to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of Abrasive Cutting Machine
import Abrasive Cutting Machine to India from Germany 10 6.09
import Abrasive Cutting Machine to India from Japan 10 1.46
import Abrasive Cutting Machine to India from Netherlands 0 1.17
import Abrasive Cutting Machine to India from China 26380 0.97
import Abrasive Cutting Machine to India from Belgium 0 0.78
import Abrasive Cutting Machine to India from Spain 0 0.44
import Abrasive Cutting Machine to India from Rep. of Korea 20 0.43
import Abrasive Cutting Machine to India from Italy 10 0.25
import Abrasive Cutting Machine to India from TAIWAN 30 0.19
import Abrasive Cutting Machine to India from USA 0 0.08

Product wise trends to Import Abrasive Cutting Machine to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of Abrasive Cutting Machine

Import Duty for Other under HS CODE 82079090

HS Code 82079090
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 84569090

HS Code 84569090
Description Other
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Abrasive Wheel Cutting-off Machines under HS CODE 84615021

HS Code 84615021
Description Abrasive Wheel Cutting-off Machines
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Other under HS CODE 84649000

HS Code 84649000
Description Other
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Other under HS CODE 84798999

HS Code 84798999
Description Other
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

People Also Ask

Which country is the major exporter of Abrasive Cutting Machine to India?

Germany, Japan, Netherlands, China, Belgium are the major exporters of Abrasive Cutting Machine to India.

What is the import duty on import of Abrasive Cutting Machine in India?

Custom Duty : 10% and IGST : 18%

Describe Abrasive Cutting Machine import industry in India?

Abrasive Cutting Machine import industry in India is worth 12.04 USD Million in India in 2020-2021 (Apr-Nov). There are total of 29 countries from where India import’s 81660 quantity of Abrasive Cutting Machine.