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Limit to handle items from overseas countries

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(Querist)
24 February 2015 Respected all.
Please clarify the maximum exempted amount of goods per head to bring overseas countries to India as per coustems Act?

BALU
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
25 February 2015 Any person can bring into India from a place outside India foreign exchange without any limit. However, declaration of foreign exchange/currency is required to be made in the prescribed Currency Declaration Form in the following cases:-
(a) Where the value of foreign currency notes exceeds US$ 5,000/- or equivalent
(b) Where the aggregate value of foreign exchange (in the form of currency notes, bank notes, traveler cheques etc.) exceeds US$ 10,000/- or its equivalent



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https://www.cbec.gov.in/customs/cs-act/formatted-htmls/bgge-rules1998-ason11July2014.htm
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