custom duty on stuff ordered to India?
March 1, 2010 - 12:12 am
i was thinking of redeeming something from lockerz, so just wanted to be sure about the custom duties on electronic items in India?
Secondly, lockerz send the redeemed good as a gift, so do i need to pay any duties for a gift??
all the questions from INDIA.
thank you.
One has to pay customs duty even on gift goods. Take an example of Cricket player Tendulker’s Ferrari car. It was a gift to him. Still he has to pay around 62 lakhs.
Regarding the custom duties, see Customs web site. The link is given below .
http://www.cbec.gov.in/cae1-english.htm
March 1st, 2010 at 5:48 am
One has to pay customs duty even on gift goods. Take an example of Cricket player Tendulker’s Ferrari car. It was a gift to him. Still he has to pay around 62 lakhs.
Regarding the custom duties, see Customs web site. The link is given below .
http://www.cbec.gov.in/cae1-english.htm
References :