 |
 |
|
|
| search a lawyer |
|
|
| ACTS, STATUTES |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Home > Govt. Agencies and Taxation > Custom Duty & Concessions |
|
|
|
 |
 |
| Transfer of Residence-Duties & Concessions |
|
Please Login to view further pages.
TRANSFER OF RESIDENCE: DUTIES & CONCESSIONS
A person who is transferring his residence to India shall be allowed clearance free of duty, in addition to allowance applicable to Indian residents or foreigners residing in India or to passengers returning from Nepal, Bhutan, Myanmar or China, other than by land route articles in bonafide baggage to the extent and subject to conditions as mentioned below:
Articles allowed Free of Duty
| Conditions
| Relaxation that may be considered
| - Used personal and household articles other than those listed at Annex I
or Annex II, but including Jewelry upto Rs. 10000 by a gentleman
passenger or Rs. 20000 for a lady passenger
| - Minimum stay of two years abroad, immediately preceding the date of his arrival on transfer of residence
-
Total stay in India on short visits during the 2 preceding years should not exceed 6 months, and
-
Passenger has not availed this concessions in the preceding three years.
| - For condition (1) Shortfall of upto 2 months in stay abroad can be
condoned by Assistant Commissioner of Customs if the early return is on
account of
- terminal leave or vacation being availed of by the passenger, or
- any other special circumstances.
- For condition (2) Commissioner of Customs may condone short visits in excess of 6 months in deserving cases.
- For condition (3) No relaxation.
| - Jewelry taken out earlier by the passenger or by a member of his
family from India.
| Satisfaction of the Assistant Commissioner of
Customs regarding the jewelry having been taken out earlier from India. | |
ARTICLES ALLOWED AT CONCESSIONAL RATES OF DUTY
A person transferring his residence to India shall be allowed clearance of items listed in Annexure II, whether old or new, at a concessionsal rate of duty of 32.6% ad voleram subject to the conditions that-
- Such person affirms by a declaration that the goods have been in his possession abroad or the goods are purchased from the duty-free shop by such person at the time of his arrival but before clearance from Customs.
- Unaccompanied goods were shipped or dispatched or arrived within the prescribed time limits.
- Only one unit of each item per family is allowed.
- The person claiming this benefit affirms by declaration that no other member of the family had availed, or would avail this benefit. The term "family" includes all persons in the same house and forming part of the same establishment.
- Passenger has not availed this concessions in the preceding three years.
Note: Transfer of residence entitlements are applicable to returning Indians as well as Fot>
ANNEXURE 1
- Fire arms
- Cartridges of fire arms exceeding 50
- Cigarettes exceeding 200 or cigars exceeding 50 or tobacco exceeding 250 gms.
- Alcoholic liquor and wines in excess of one litre each.
- Gold or silver, in any form, other than ornaments.
ANNEXURE II
- Colour Television/Monochrome Television.
- Video Cassette Recorder/Video Cassette Player/Video Television Receiver.
- Washing Machine.
- Electrical/Liquefied Petroleum Gas Cooking Range (other than Electrical/Liquefied Petroleum Gas Stoves with not more than two Burners and without any extra attachment.
- Dish Washer.
- Music System.
- Personal Computer.
- Air Conditioner.
- Refrigerator.
- Deep Freezer.
- Microwave Oven.
- Video camera or the combination of such video camera with one or more of the following goods, namely:
- Television Receiver;
- Sound recording or reproducing apparatus;
- Video reproducing apparatus.
- Word Processing Machine.
- Fax Machine.
- Vessels.
- Aircraft.
- Cinematographic films of 35mm and above.
- Gold or silver, in any form, other than ornaments.
|
|
|
|
|
|
|
 |
 |
|
 |
 |
|
|
|
|
|
| Personal Phone Legal conference |
Discuss your legal concerns from anywhere in the world in person, on phone
Click here for appointment |
|
| Property / Real Estate |
Legal verified real estate. Choose from our list of properties with clear title.
Search property |
|
|
|
|
|
|
|
|
