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Author Topic: [LAUNCH] AntMiner S5 by BitLing.in for ₹41999  (Read 3755 times)
BitLing (OP)
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December 22, 2014, 02:36:48 PM
Last edit: March 09, 2015, 08:01:56 PM by BitLing
 #1

BitLing launches AntMiner S5 in the Indian market. Shipping starts Dec 27th. Check out further details at http://bitling.in/Bitmain-AntMiners/AntMiner-S5-id-986988.html

Priced at ₹45500

For enquiries do contact support@bitling.in

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BitLing.in
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baristor
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January 04, 2015, 01:26:48 PM
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too expensive the actual cost is just around 23 ish grand.
BitLing (OP)
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March 09, 2015, 08:01:36 PM
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AntMiner S5 Batch 5 and Batch 6 available shipping 30th March and 9th June respectively.

Check out bitling.in for further details.
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March 11, 2015, 11:52:18 AM
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too expensive the actual cost is just around 23 ish grand.
yeah I agree. They r charging double just coz of the shipping? It is too much I must say.  any chance of the price going down?

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March 11, 2015, 02:09:29 PM
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too expensive the actual cost is just around 23 ish grand.
yeah I agree. They r charging double just coz of the shipping? It is too much I must say.  any chance of the price going down?

Very difficult for the price to go down. The difference in price is not only because of shipping, but because of customs duty and octroi duty. Hope this answers your query.


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March 12, 2015, 02:49:33 PM
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I don't know why but  no matter how much rise in difficulty we encounter , the price of the miners never go down(at least in India). How much is your margin per piece?

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December 12, 2015, 10:56:04 PM
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I don't know why but  no matter how much rise in difficulty we encounter , the price of the miners never go down(at least in India). How much is your margin per piece?

Refer the below link and search for additional Tax costs :

http://www.dutycalculator.com/dc/190143143/electronics-video-games/electronic-components/integrated-circuit-ic-/import-duty-rate-for-importing-antminer-s5-from-china-to-united-kingdom-is-0/

For india  :

Antminer s5

HS Community code : 8542.31.00

• Landing charges (1% CIF)
• Countervailing duty (12.5% (CIFD + Landing charges))
• CESS (3% (Duty + CEX (Education & Higher Education CESS) + Countervailing duty))
• Additional Countervailing Duty (0% (CIFD + Landing charges + Countervailing duty + CESS + CEX (Education & Higher Education CESS)))
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