Tuesday, July 28, 2009

customs duty on personal goods imported through post and courier after new budget

The total customs duty on goods imorted for personal use is 14.712%. However ,consumer electronics goods valued more than Rs 2000/-(CIF) are not allowed to be imported without fine and penalty through post. Bonafide Gifts valued upto Rs 10,000/-(other than Consumer electronics goods of Rs 2000/-(C.I.F)) can be imported without any duty.
Ravindra Kumar