Skip to content
Home / Import & Commercial / Import Cost Calculator
Vriksai Timber Intelligence

Import Cost CalculatorTimber Import Landed Cost Calculator

Build up the full landed cost of imported timber from FOB price through freight, insurance, customs duty, surcharge, IGST and clearing. Get the true per-unit cost for confident pricing and margin planning.

Why this calculation matters

Landed cost is the number to quote from. Duty compounds — BCD on value, surcharge on duty, IGST on the whole — so a 10% duty is never a 10% cost increase.

FOB to Landed CostIndian Duty StructureCIF + Duty + IGSTPer-Unit CostPDF Report
IC

Import Cost Calculator

Timber Import Landed Cost Calculator

Goods Value
foreign

In foreign currency (e.g. USD).

units
Shipping & Exchange
foreign
foreign
INR

INR per 1 unit foreign currency.

Duties & Charges (India)
%

On CIF. Varies by HS code.

%

On CIF+BCD+SWS.

INR

CHA, port, inland transport.

OK
Import Cost Results
-
INR
Total Landed Cost
-
INR/unit
Landed per Unit
-
INR
Total Duties
-
%
Markup over CIF
ComponentAmountDetail
Landed Cost Calculation

About Import Cost Calculator

The price a foreign supplier quotes (FOB) is only the start. By the time imported timber reaches your yard it has accumulated freight, insurance, customs duty, surcharge, IGST and clearing charges. This calculator builds up the full landed cost step by step using the Indian import duty structure, giving you the true per-unit cost you must price above to make a margin. Importers use it for the landed cost calculation buyers argue over, with the current custom duty on timber import in India applied in the right order.

Where Is This Used?

Timber ImportingLanded Cost AnalysisPricing DecisionsSupplier EvaluationImport BudgetingMargin Planning

Formulas (Indian Import Structure)

CIF = (FOB x qty) + Freight + InsuranceBasic Customs Duty (BCD) = Duty% x CIFSocial Welfare Surcharge = 10% x BCDIGST = IGST% x (CIF + BCD + SWS)Landed = CIF + BCD + SWS + IGST + Clearing

How the calculation works

The duties compound in a fixed order: the surcharge is charged on the duty, and IGST is charged on the total of value plus duty plus surcharge. That is why the effective rate is always higher than the sum of the printed percentages.

Show the formula
CIF = FOB x quantity + freight + insurance, converted at the exchange rate. Basic Customs Duty = CIF x BCD%. Social Welfare Surcharge = 10% of BCD. IGST = (CIF + BCD + SWS) x IGST%. Landed cost = CIF + BCD + SWS + IGST + clearing.

IGST is normally creditable for a GST-registered importer, so the true cost of goods is usually BCD plus surcharge only. Rates, classifications and FTA preferences change — confirm with your customs broker.

References and what each one provides

  • Indian customs duty structureCentral Board of Indirect Taxes and CustomsBCD, Social Welfare Surcharge and IGST, and the order in which they compound.

Unverified values are marked as such rather than presented as sourced.

Limitations of this calculation

Builds landed cost from the Indian duty structure at the rates entered. It does not account for FTA or exemption preferences, anti-dumping duty, port and demurrage charges, exchange-rate movement between order and clearance, or inspection costs.

Do not use this for Customs declaration, duty payment, or any filing with tax authorities. Rates and classifications change; confirm with your customs broker.

Figures are engineering estimates from the inputs and assumptions shown. Verify against the actual material and, where the result affects structure or safety, against a qualified professional.

Sources & verification
  • Indian customs duty structure (BCD, SWS, IGST)

Formula checked against the sources above by an automated regression test (tests/test-calculators.js) that derives each expected value independently of this page. Last reviewed .

How to use this tool

  1. Enter the trade details below, then press Calculate.
  2. Fill in fob price per unit, quantity, freight, insurance.
  3. Press Calculate.

Worked example

With the tool's starting values — fob price per unit = 200, quantity = 1000, freight = 80000, insurance = 5000, basic customs duty = 10 — pressing Calculate gives: 31381612 INR (total landed cost); 31381.61 INR/unit (landed per unit); 7416612 INR (total duties).

Common mistakes to avoid

  • Applying duty on the invoice value only. Indian customs charges duty on CIF value — goods plus insurance plus freight.
  • Forgetting that IGST is charged on top of basic duty, not just on the goods value. Taxes stack.
  • Using today's exchange rate for a shipment that lands next month. Rates move; keep a margin.

Frequently Asked Questions

What is the difference between FOB and CIF?
FOB (Free On Board) is the goods value at the exporter's port - it excludes shipping. CIF (Cost, Insurance, Freight) adds the cost of getting the goods to your port. Indian customs duty is calculated on the CIF value, so freight and insurance increase your duty, not just your shipping bill.
How is IGST calculated on imports?
IGST is applied not just on the goods value but on the CIF plus Basic Customs Duty plus Social Welfare Surcharge - so you pay tax on the duty itself. This compounding is why landed cost can be 30-40% above CIF. IGST is creditable for GST-registered businesses, but it still affects cash flow.
Are these duty rates correct for my timber?
Duty rates depend on the exact HS code (timber species, sawn vs rough, etc.) and change with government notifications and trade agreements. The defaults here are illustrative. Always confirm the current Basic Customs Duty and IGST rate for your specific HS code with your customs broker before committing to an import.

Wood species data

Density, hardness and movement for 60 timbers

Browse all species