Monday, April 19, 2010

Customs duty on set top box for TV and internet

Customs duty on set top box for internet attract customs duty @ 15.03%. Where as set top box for TV attract customs duty @ 20.94%. If it is received as bonafide gift through courier then it it can be received without paying any duty if it valued up to Rs 10,000/-. However,if imported as bonafide gift through Post then Upto Rs 2000/-(C.I.F) is allowed without any duty .

Customs duty on set top box, If you are bringing through baggage ,then your duty liability will change as per your age,stay or bringing as un accompanied baggage,etc. It is freely importable but require licence for importing through Postal after Rs 2000/-(C.I.F). You may visit my sites :www.baggage.globaltaxguru.in ( for baggage); www.postal.globaltaxguru.in (for Postal);
If you want to compare rate of duty for different mode of import such as courier,postal,baggage, air cargo and sea cargo ,then , you can visit www.globaltaxguru.in.
Warm regards
Ravindra Kumar