Customs Duty - Information and Queries


Thread Starter #1
Mr.Boss

Mr.Boss

V10
#1
Joined
Mar 28, 2011
Messages
2,924
Likes
2,199
Location
Madras
Thread for information & queries on Indian Customs Rules & Regulation, import duties, anything & everything related to that.
Customs Manual 2011

Let me post my query first.
My understanding is that, duty free allowance for an Indian resident returning homeland after 3 months is 25k INR and for used items the value is amounted after depreciation. I have purchased 2 cameras, 1 camcorder, 1 external HDD & few electronic toys, whose bill value is around 600 pounds (43k INR approx)

My questions are
1) Do they consider cameras (at least one) as 'used personal effects'?
2) What is the depreciation rate they account?
3) What will be the duty I should pay for the value excess of 25k?

I will be back to India by 2nd week of October.
 
Thread Starter #2
Mr.Boss

Mr.Boss

V10
#2
Joined
Mar 28, 2011
Messages
2,924
Likes
2,199
Location
Madras
Re: Customs duty - Information & queries

One more query, what is the maximum value of foreign currency (GBP) thatI can carry back?
 
#5
A

AMG

Suspended
#5
Joined
Oct 1, 2009
Messages
4,031
Likes
328
Location
N/A
1: Yes

2:
•For every quarter during 1st year 4%
•For every quarter during 2nd year 3%
•For every quarter during 3rd year 2.5%
•For every quarter during 4th year 2%
•Thereafter subject to a maximum depreciation of 70%

3: No idea
 
#6
D

droidcar

V4
#6
Joined
Jun 7, 2011
Messages
22
Likes
3
Location
Mumbai
Re: Customs duty - Information & queries

Mr.Boss said:
One more query, what is the maximum value of foreign currency (GBP) thatI can carry back?
Click to expand...

Import of foreign exchange/currency:
9.1 Any person can bring into India foreign exchange without any limit. However,
declaration of foreign exchange/currency is required to be made in the prescribed
Currency Declaration Form in the following cases:
(a) Where the value of foreign currency notes exceeds US$ 5000/- or
equivalent; and
(b) Where the aggregate value of foreign exchange (in the form of
currency notes, bank notes, traveler cheques etc.) exceeds
US$10,000/- or its equivalent.

Regards,
 
#7
D

droidcar

V4
#7
Joined
Jun 7, 2011
Messages
22
Likes
3
Location
Mumbai
Mr.Boss said:
3) What will be the duty I should pay for the value excess of 25k?

I will be back to India by 2nd week of October.
Click to expand...
3.4 The bonafide baggage items that are in excess of the duty free allowance can be cleared on payment of a uniform rate of Customs duty that is currently @35%+ Cess, as applicable, except for items like liquor, cigarette etc. that are charged to a higher rate of duty as applicable to imports other than as baggage.

This is however if you declare.
Normally if have 1 or 2 baggage they don't bother, unless you returning via Dubai.

All I was asked by policeman was "Kiti bottle analas" meaning How many bottle of liquor did you bring.[cheers]. He was disappointed when I said "NONE".

I was returning from Heathrow via Dubai. On other instance when it was direct flight form Heathrow, passengers were directly asked to move out without baggages being scanned at exit
 
#8
codename47

codename47

Suspended
#8
Joined
Jul 18, 2011
Messages
1,974
Likes
324
Location
Melbourne
I just spoke to my dad to bring a car to India from Japan . any idea if we can get away with 96 model supra/skyline :D
 
#10
Marun

Marun

V8
#10
Joined
Jun 29, 2010
Messages
814
Likes
40
Location
Chennai
Hope this info helps:
Duties & Taxes imposed by Customs Duties % VAT %
Apparel (Cotton / Silk / Polyester / Denim) 26.75 10.4
Bag (Leather / Canvas) 26.75 10.4
Shoes/Watches 26.75 10.4
Cosmetic 26.75 10.4
Health Supplement 26.75 10.4
Books NIL 10.4
DVDs/other computer Parts 15.59 10.4
Cameras/Video Camera/ 26.75 10.4
Mobile Phone / iPhone/ Internal Hard Drive 7.02 10.4
Laptop/Graphic Card/ External Hard Drive/RAM 15.59 10.4
Software - Games 26.75 10.4
PSP / Nintendo WII / X-box/PS 3 26.75 10.4
Sony Reader / Kindle 15.59 10.4
TV - LCD / Plasma 26.75 10.4
Car accessories 26.75 10.4
 
#12
Rajvel

Rajvel

V10
#12
Joined
Jun 17, 2012
Messages
1,058
Likes
271
Location
Pondicherry
Hai guys again there is need for clarification for me
My aunt is coming from Australia and they bring LED TV for us.
so i want to know the duty in amount.
can any one help me
 
#13
allhyundaicars

allhyundaicars

Honoured Member
#13
Joined
Apr 21, 2012
Messages
7,932
Likes
3,801
Location
New Delhi
Buying from Amazon ( query on custom duty )

My birthday is near and i wanted to buy a watch. my friend suggested a brand and i checked their official site. but unfortunately they don't ship any products to india.

so i checked amazon.com

i found the watch , checked the shipping charges and total came to be this.
Screenshot - 23-08-2013 , 15_47_49.jpg


i was happy that i saved a lot since the same brand cost 3 times here in india.

then it hit me that i have to pay custom duty as well

so here are the problems

1. how much duty will be levied on a wrist watch. i googled and some site says 10% and others 28.85%. [confused]

2. i read somewhere that amazon itself charges the duty and add the duty amount at the checkout. is this true ?

3. i'm guessing i have to pay the custom duty on the delivery , so what will be the total amount of the duty i have to pay ?
 
#14
linkin

linkin

V6
#14
Joined
Oct 13, 2010
Messages
208
Likes
48
Location
Chennai
Re: Buying from Amazon ( query on custom duty )

allhyundaicars said:
1. how much duty will be levied on a wrist watch. i googled and some site says 10% and others 28.85%. [confused]

2. i read somewhere that amazon itself charges the duty and add the duty amount at the checkout. is this true ?

3. i'm guessing i have to pay the custom duty on the delivery , so what will be the total amount of the duty i have to pay ?
Click to expand...
Watches has an import duty rate of 10% and is exempt of VAT, Landing Charges rate is 1%, Countervailing Duty rate is 12%.
FYI follow the link
Amazon custom duties
Amazon.com Help: About Customs & Duties and Taxes
India import duty calculator
Calculate your import duty in a few quick steps for free | DutyCalculator
 
#15
allhyundaicars

allhyundaicars

Honoured Member
#15
Joined
Apr 21, 2012
Messages
7,932
Likes
3,801
Location
New Delhi
Re: Buying from Amazon ( query on custom duty )

linkin said:
Watches has an import duty rate of 10% and is exempt of VAT, Landing Charges rate is 1%, Countervailing Duty rate is 12%.
FYI follow the link
Amazon custom duties
Amazon.com Help: About Customs & Duties and Taxes
India import duty calculator
Calculate your import duty in a few quick steps for free | DutyCalculator
Click to expand...
thanks for replying.

i searched more and overall duty comes to 28.85%

https://www.icegate.gov.in/Webappl/duty_details.jsp?cth=91070000&cntrycd=
 
Last edited:
You must log in or register to reply here.
Top Bottom