110. Customs duty information

for India

Question: Dear sir/madam, I am a citizen of USA & have an OCI. My husband & I are planning to move to India in 2 phases. 1st move in October to get things set up (Move includes only basic every day items & cloths). 2nd move 6 months to one year later (household goods & furniture) What are the customs & duty implication? Where may I find the information I am seeking? Any help will be most appreciated. Thanks! Anamika Anjaan Answer: You should consider using the transfer of residency route if you are planning to return and setlle in India. This will save you a lot of money in customs duties. Those taking transfer of residence are allowed to import personal and household articles, free of duty and certain other listed items, on payment of a concessional rate of duty. The best part is that now those taking transfer of residence are no longer subjected to any minimum stay requirements in India. If they decide at some point of time to leave India, they can do so without incurring any penalties towards customs duties. Check my article on this website on transfer of residency. Here is the link: http://nriinformation.com/articles4/transfer_resi dence.htm Information regarding customs duty charged India for those returning to India for tourism or for permanent residence in India can also be found on the Government of India Central Board of Excise and Customs website. Update: Information on transfer of residency is also available in more detail in my book THE NRI GUIDE