what is BRC?? Importance of BRC. How to obtain BRC from Bank??

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

when export invoice in USD prepares and how we can calculate exchange loss as per statutory rules

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Urgent

Thanking you

Yours faithfully
Animesh

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