Import used laptops
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 September 2012
i want to import 250 units of used laptops.please explain procedure for this.....which way is fastest and best.how much custom duty i have to pay if i choose ....import through courier
08 September 2012
According to the new rules, a person of 18 years of age and has stayed more then 3 days overseas can get a laptop to India duty free as a part of baggage. However, it should also be noted that an individual can only
Export Certificate
Laptops or any other goods of high value taken out from India by a passenger while going abroad can be imported again into India free of duty provided the passenger had received an export certificate from the Customs in respect of that particular item while going abroad.
Import of Second hand computers etc
The Government of India exempts second hand computers and computer peripherals including printer, plotter, scanner, monitor, keyboard and storage unit from the whole of duty and additional duty of customs liable thereon under the First Schedule of the Customs Tariff Act, 1975 (51 of 1975), when received as donation by –
• A School run by the Central Government or, Government of a State or, a Union territory or, a local body;
• An Educational Institution run on non-commercial basis by any organization;
• A Registered Charitable Hospital.
• A Public Library.
• A Public Funded Research and Development Establishment.
• A Community Information Centre run by, the Central Government or, Government of a State or, a Union territory or, local body.
• An Adult Education Centre run by the Central Government or, Government of a State or, a Union territory or, a local body.
The import duty for bringing laptops into India is zero. However you are limited to 1 laptop per passenger. For the second one, you need to pay customs duty.
Export Certificate
Laptops or any other goods of high value taken out from India by a passenger while going abroad can be imported again into India free of duty provided the passenger had received an export certificate from the Customs in respect of that particular item while going abroad.
Import of Second hand computers etc
The Government of India exempts second hand computers and computer peripherals including printer, plotter, scanner, monitor, keyboard and storage unit from the whole of duty and additional duty of customs liable thereon under the First Schedule of the Customs Tariff Act, 1975 (51 of 1975), when received as donation by –
• A School run by the Central Government or, Government of a State or, a Union territory or, a local body;
• An Educational Institution run on non-commercial basis by any organization;
• A Registered Charitable Hospital.
• A Public Library.
• A Public Funded Research and Development Establishment.
• A Community Information Centre run by, the Central Government or, Government of a State or, a Union territory or, local body.
• An Adult Education Centre run by the Central Government or, Government of a State or, a Union territory or, a local body.
The import duty for bringing laptops into India is zero. However you are limited to 1 laptop per passenger. For the second one, you need to pay customs duty.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- Transporter Declaration form
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS LATE PAYMENT
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
