Q608. Customs duty in India on LCD/LED/Plasma TV sets . . .

Question: Hi, I want to carry 40 inch television to India,Hyderabad. I am not sure whether there will be any customs on it. Could you please tell me whether there will be any custom on it. Thanks & Regards syed amjad ali Answer: Currently there is no customs duty in India for those who take back a TV to India as long as the value of the Television is not more than Rupees 35,000. Update: Customs duty to be charged on TV imported as baggage to India As of August 26, 2013, the government of India has announced a restriction on duty free import of TVs from abroad regardless of the price of the television set. Under the new rules, those taking a Television set to India as part of their baggage will have to pay customs duty in India @ 35% plus a education cess charge of 3 %. This makes the effective rate of customs duty charged on TV sets to be 36.05 percent.
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Q608. Customs duty in India on

LCD/LED/Plasma TV sets . . .

Question: Hi, I want to carry 40 inch television to India,Hyderabad. I am not sure whether there will be any customs on it. Could you please tell me whether there will be any custom on it. Thanks & Regards syed amjad ali Answer: Currently there is no customs duty in India for those who take back a TV to India as long as the value of the Television is not more than Rupees 35,000. Update: Customs duty to be charged on TV imported as baggage to India As of August 26, 2013, the government of India has announced a restriction on duty free import of TVs from abroad regardless of the price of the television set. Under the new rules, those taking a Television set to India as part of their baggage will have to pay customs duty in India @ 35% plus a education cess charge of 3 %. This makes the effective rate of customs duty charged on TV sets to be 36.05 percent.
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Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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