Found this information on a old thread and seems these sites like www.zauba.com records the inbound and outbound shipments to and from India and creates their database. As per this you will be surprised to know how much your gears actually costed when it was imported.
As for my case, I paid...
Hi,
Has anyone imported expensive speakers from abroad recently. By expensive I mean a price of $6000/pair including shipping.
What is the final import and customs duty I need to pay as per the new norms? The government website says that the excise duty is 10% for speakers. But I know...
So lately customs have started to charge min 33% duty for almost all amazon UK blu-ray orders placed by us. And specially this is happening from September.
And if this trend continues it's gonna get costly for us to import blu-rays from amazon UK, which is like safe heaven for cheap blu-rays...
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