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custom quiery??????

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(Querist)
05 January 2011 sir,
Is it required to follow complete export procedure when a gift parcel is sent outside India?

Rahul
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
05 January 2011 A person resident in India is free to send (export) any gift article of value not exceeding Rs.5,00,000 provided export of that item is not prohibited under the extant Foreign Trade Policy 2010-11 & the exporter submit a declaration that goods of gift are not more than Rs.5,00,000 in value.
Export of goods or services up to Rs.5,00,000 may be made without furnishing the declaration in Form GR/ SDF/ PP/ SOFTEX, as the case may be.

please also other eminent experts participate .........
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RAHUL KUMAR TAANK

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RAHUL KUMAR TAANK (Querist)
07 January 2011 thanks sir
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