Q.863 TV Price and Customs duty charged in Indian of LCD, LED TV

Question: Hi, I want to carry new 55" TV which is $A599.00, What will be duty in Hyderabad India Thanks Regards Ravi [March 8, 2016] Answer: With effect from August 26, 2013 duty free import of flat screen LCD & LED plasma television sets as part of baggage has been banned by the Government of India. The customs duty currently on televisions is 35% plus 3% cess. Total duty works out to 36.05%. Kindly be aware that the customs authorities are not bound to accept the price based on your receipt of purchase. They are aware of prices of various models of television sets and generally would use those figures as a guideline if they feel the prices shown on an invoice appears to be low and perhaps an attempt to save customs duty. Your price of Australian 599 dollars works out to around Rupees 30,000. Adding 36.05% takes the price to about 41,000. In India prices for HD, LED 55 inch Display 1920 x 1080 Pixels television sets start around 40,000 Rupees. Unless you are bringing a high end TV that saves you a reasonable amount of money, you may find it more feasible to buy in India. Warranty issues should also be considered.
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
previous previous N RI Information

NRI - OCI - PIO Guide & Information

NriInformation Questions &Answers
Read Disclaimer at bottom of page
N
RI Information
Informing educating and connecting Indians across the globe
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
next next previous previous

Q.863 TV Price and Customs duty

charged in Indian of LCD, LED TV

Question: Hi, I want to carry new 55" TV which is $A599.00, What will be duty in Hyderabad India Thanks Regards Ravi [March 8, 2016] Answer: With effect from August 26, 2013 duty free import of flat screen LCD & LED plasma television sets as part of baggage has been banned by the Government of India. The customs duty currently on televisions is 35% plus 3% cess. Total duty works out to 36.05%. Kindly be aware that the customs authorities are not bound to accept the price based on your receipt of purchase. They are aware of prices of various models of television sets and generally would use those figures as a guideline if they feel the prices shown on an invoice appears to be low and perhaps an attempt to save customs duty. Your price of Australian 599 dollars works out to around Rupees 30,000. Adding 36.05% takes the price to about 41,000. In India prices for HD, LED 55 inch Display 1920 x 1080 Pixels television sets start around 40,000 Rupees. Unless you are bringing a high end TV that saves you a reasonable amount of money, you may find it more feasible to buy in India. Warranty issues should also be considered.
NriInformation FAQ
Read Disclaimer at bottom of page