Baggage Rules

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Manish Goyal (Querist)
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02 December 2010 In baggage rules if we visit for more than 3 days Item of Rs 25000 are allowed free. Pls. Tell me if we bring a TV then how we will judge its value.
1. As per Indian market rate or
2. As per foreign currency converted into Indian currency we paid for the item.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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20 December 2010 actually, custom shall valuation of this item as per prescribed law

if it is usd 200 , current rate is (iusd =40 rs.) *200*40
inr =8000

the passenger must kept the invoice bill of the said item.

for more info:-

http://www.cbec.gov.in/customs/cs-act/formatted-htmls/cs-rulef.htm

(2)
http://www.cbec.gov.in/faq.htm

Manish Goyal

Manish Goyal (Querist)
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25 December 2010 Thanks Mr. Verma for clearing my confusion. Thanks Alot

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