Feb 28, 2013

India's 2013/14 budget : Customs Duty

India's 2013/14 budget Updates 

Lady  Passenger

The duty free allowance on jewellery for an Indian passenger, who has been residing abroad for over one year or a person who is transferring residence to India, has been raised to Rs 1 lakh in case of a lady passenger from Rs 50,000 earlier. 

Male  Passenger

For a male passenger, this has been raised to Rs 50,000 from Rs 10,000. 

Moreover, precious stones will become cheaper as the basic customs duty has been cut to 2 per cent from 10 per cent on pre-forms of precious and semi-precious stones.

5 comments:

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Anonymous said...

Indian Government has removed customs duty on LCD/LED TVs during 2012 - 2013 budget and the same thing is endorsed during 2013/2014 budget. But, the customs officials at Bengaluru Airports do not accept this in spite of showing them the extracts of the budgets and impose customs duty on LCD/LED TVs on Indian MRP and not on the invoice obtained while purchasing the item. Is it justified?

babu said...

. I am coming for a shot vacation to India ( CCJ Airport ) on next month .
I would like to carry my canon 70D with 18 -135mm lens . I should return it back in my return trip .
So Kindly advise me what are procedure to keep my camera a baggage items. Is available any paper like export re-import forms.???

Expecting your earliest and positive response

jamu said...

Could you update gold import custom duty.

Are there any official links for the custom duty rates?

Regards

ali appana said...

21 സ്മാർട് led tv കൊണ്ട് പോകുമ്പോള് അത്ര ഡ്യൂട്ടി വരും