Led/lcd tv

w.e.f. 26.08.2013, import of "Flat Panel (LCD/LED/Plasma) Television" as part of free baggage allowance has been disallowed.
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- Notification No. 84/2013-Customs (N.T.), dated 19.08.2013
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Hence, chargeable to customs duty at effective rate of 36.05%.

Yes, since flat panel TVs are not entitled for baggage allowance (Annexure I to the Baggage Rules, 1998), duty will be calculated on the full value as determined.