Baggage allowance and customs duty
This query is : Open
Vikrant Vijay
(Querist)
21 May 2017
Dear Sir/Madam,
I am an Indian resident travelling from Belgium to Mumbai after a short stay of 2 months. I am carrying following things with me intended to give as gifts to family and friends.
1. Jewelry valued at approx INR 58000
2. Other gifts and soveniers valued at approx INR 24000 (Articles include watches and perfumes)
Could you let me know if I need to pay customs duty on all of the above and approx how much will I need to pay?
Many Thanks
Regards,
Vikrant
I am an Indian resident travelling from Belgium to Mumbai after a short stay of 2 months. I am carrying following things with me intended to give as gifts to family and friends.
1. Jewelry valued at approx INR 58000
2. Other gifts and soveniers valued at approx INR 24000 (Articles include watches and perfumes)
Could you let me know if I need to pay customs duty on all of the above and approx how much will I need to pay?
Many Thanks
Regards,
Vikrant
Nischit Sanghavi
(Expert)
21 May 2017
sovegniors is exempt and jewelry for male up-to 50000 20gm is allowed
above that is taxable @36.05%
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