Q450. Can OCI also apply for Transfer of Residence Duty concession or is Transfer of Residence only for Indian Passport holders

Question: Are OCI eligible for Transfer of residence of benefits or that only available to Indian passport holders?

Answer: Yes! OCI are eligible to claim ‘Transfer of Residence’ benefits. Transfer of residence customs duty exemptions can be availed by all Persons of Indian Origin regardless of citizenship provided the person availing benefits under transfer of residence has been staying abroad for at least two years before their arrival in India. Transfer of residence benefits can also be claimed by minors and students provided they, or any of their family members have not availed transfer of residency concessions in the preceding three years. Transfer of Residence (TR) allows the person the benefit to import personal and household articles free of duty and certain other items on payment of a concessional rate of duty.