Friday, March 02, 2007

After BUDGET-there is no change in bonafide gift as duty free import

There is overall reduction in customs duty.Bonafide gifts upto Rs 10,000/- can be received in India without any Customs Duty. Mobile phone parts and accessory are now more cheaper to import.People should use Postal channel to import and export goods.

The goods imported for commercial purpose are charged same rate of duty whether you import through Air Cargo,SeaPort and Land Customs.There is no clearance fees and transaction cost involved while importing through Post.The Basic function of Clearing Agent and inland transportation is done by the postal authority.
Where ever import and export through postal is less costly than regular channel of customs clearance ,people should use it.
It is perceived that On-line shopper and Home shopping are done through Postal and Courier.
Happy Shopping

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