| Step | Basis | ₹ per tonne |
|---|---|---|
| CIF value | ($560 + 1.125% insurance) × ₹84 | 47,569 |
| Basic customs duty | 7.5% of assessable value | 3,568 |
| Social Welfare Surcharge | 10% of BCD | 357 |
| Safeguard duty | 11.5% of assessable value | 5,470 |
| Duty-paid value | sum of the above | 56,964 |
| IGST | 18% on duty-paid value (creditable) | 10,254 |
| Port, CHA, handling | typical, editable | 1,200 |
| Inland freight to works | typical, editable | 1,800 |
| Net landed cost | excluding creditable IGST | 59,964 |
Duties alone add about 19.8% to the CIF value before IGST; with IGST not creditable (an unregistered buyer) the all-in figure rises to roughly ₹70,200 per tonne. Compare that with the domestic ex-works offer plus freight to decide whether the import clears. The safeguard duty guide and anti-dumping tracker explain which products and origins the extra duties cover.
Start from the CIF value in local currency (FOB + freight + insurance × exchange rate). Add import duty on that assessable value, any surcharge on the duty, safeguard duty, and anti-dumping duty per tonne to get the duty-paid value. VAT or GST is charged on the duty-paid value. Then add port handling and inland freight to the works. If the VAT/GST is creditable, the effective cost excludes it.
Basic customs duty of 7.5% on most HS 72 products, Social Welfare Surcharge of 10% on the BCD, safeguard duty on flat products (12% from April 2025, 11.5% in the second year to April 2027, 11% thereafter to April 2028) with a price-floor exemption, product-specific anti-dumping duties, and IGST at 18% on the cumulative value. IGST is normally creditable for a registered importer.
Indian customs adds a notional insurance of 1.125% of FOB when actual insurance is not evidenced; the former 1% landing charge was removed from the assessable value in 2017. In the calculator, insurance applies to FOB and CFR offers and the landing-charge field defaults to zero; both are editable for other jurisdictions.
The US preset applies the 50% Section 232 tariff as the import duty (25% for UK-origin steel). For the EU and UK the MFN duty is 0% on most steel; the safeguard field should be set to the out-of-quota rate (50% EU, 25% UK) only for volumes that exceed the tariff-rate quota. EU importers also need CBAM certificates from 2026, which the CBAM calculator estimates separately.
No. It is a planning estimate using headline rates. Classification, valuation, preferential origin, quota status and current notifications decide the actual duty. Use it to compare offers and set a target price, then confirm with your customs broker.