what we do

We have specialization to provide advisory services on complex statutory Compliance and policy-related matters under areas of Logistics (Import & Export), Taxation (GST & Customs), Foreign Trade & Investment (DGFT), Food Safety (FSSAI), Weights & Measures (Legal Metrology), Wireless & Telecommunication Products (WPC) and Chartered Engineering services. Optimize your Supply chain as 4PL Company through our 3PL partners. Refund of duty/ credit/interest at Customs, GST and DGFT Appellate Service related to Customs, GST and Legal Metrology. Licenses and IEC from DGFT.

Thursday, March 14, 2013

Customs duty on LCD and LED TV Panels of 19" and above

Dear Tanyaji,
                      Baggage  import duty are not covered by above notification. Hence , you have to pay duty  as per Baggage rules after availing duty free allowances ,if any.

Thanks and Regards

Ravindra Kumar
Founder & CEO
Indirect Tax & Supply Chain
Global Tax Guru | Global Supply Chain Guru | Global Cad Guru
************************************************************
Email : ravindra@globaltaxguru.in
Website : globaltaxguru.in | globalsupplychainguru.com | globalcadguru.com
Office : 24,G.F., Scottish Mall, Sohna Road, Gurgaon(HR)
************************************************************
+91-9958257070
+91-124-2219229
+91-141-5138753
************************************************************

--- On Thu, 14/3/13, tanya raheja wrote:

From: tanya raheja
Subject: Your advice & help on customs duty
To: ravindrakumar_iitd@yahoo.co.in
Date: Thursday, 14 March, 2013, 2:49 PM

Dear Ravindra Kumar Ji,


Hope you are doing fine. I had written to you in the past seeking your help on importing a LED TV & your advice helped me a lot.

Recently I came across this link.
http://www.taxmann.com/topstories/222330000000000094/changes-in-customs-laws-by-budget-2013-14.aspx

It says as per a new notification LCD and LED TV Panels of 19" and above are exempt.
It is clarified that LCD and LED TV Panels and LCD and LED TV Modules are one and the same thing for the purpose of exemption under this
notification . Notification No 12/2013-Customs

What does this mean ? As a tourist if I go to Singapore & get a 46 inch LED TV worth Rs 50000 , will it be completely duty free ? Does it mean I
dont have to pay any duty to customs ?

Thanks,
Tanya

google analytics

newAD

LinkShare  Referral  Prg
drugstore.com, inc.
Google
The Right Gift at the Right Price