If you are to receive consumer electronics goods valuing more than Rs 2000/ as gifts-.Then it is advisable that you import through Courier,without any duty,upto Rs 10,000/-.
There is no duty on the Mobile /cellular phone and its components of any value. For example,You can import even mobile phone of Rs 40,000/- or more without any duty. Actually,
what you pay at the time of clearance ,4% duty,the same can be refunded after clearance.You have to produce sales invoice and file refund claim.Then, at the end of the day you donot pay duty.Personal import not being subject to sales,no refund of 4% possible on the mobile.
But corporate gifts of money clips,silk scarves,wallets ,ties and cuff links,computer bags,Candle holder and crystal miniatures upto Rs 10,000/- is without any duty,whether it is through postal or courier.However,If these imported goods worth more than rs 10,000/- then duty will differ on the same goods,depending upon whether you have imported through post or courier.For example,if the silk scarves are imported through post then total duty is @17.34% but if imported through courier then duty will be @24.421%. Therefore,The deciding factor is expected delivery period and transportation cost of the gifts.
2 comments:
So does it means I can buy any mobile phone new or old within 40000/- range from abroad and have it imported thru any means like post or just by couriers ? but I don't need to pay any duty right?
Thnx
rgds
Dear Manav,
It needs some amplification and proper context.
Today post was targeted for corporate user,who can produce sales invoice.
There is no duty on mobile phone if you produce sales invoice to the department .Tecnically the department will refund 4% duty after clearance. Pl refer my earlier posts on the refund of this 4% duty.
However, for personal import ,still 4% duty has to be paid and there is no refund.
No second hand mobile can be imported through post and courier without fine and penalty.But duty remain the same .
Regards
Ravindra
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