I wanted to purchase a mobile from UK and it's cost is around £423 which is Rs.29997.8. When that mobile is shipped here:
1) Do i have to pay any custom duties ?
2) How much do i have to pay ?
3) How much time could it take for the customs to clear it ?
approx Rs. 5000/- and less than one week to clear
Please go throughout the CBEC website for details. You are entitled to Rs 12000/ duty free allowance. The mobile phone will be charged to duty. The F.C limit is 10,000 USD equivalent or less
FOR MORE INFO:-
https://www.cbec.gov.in/faq.htm
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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