Now , LED TV ,LCD TV, PLASMA TV have been removed from list of items covered under duty free Baggage allowance. This is effective from 26th August ,2013. TV will attract duty of 35.7% if imported as bonafide baggage.
CRT TV are still allowed for duty free allowance under Baggage.
TV imported through AirCargo and Sea Cargo will attract duty @ 28.852%. The CVD on TV is 12 % , Basic Customs Duty @ 10 % , SAD@ 4% and Cess 2% .But , CVD on TV is based on MRP price in India. The value of TV to determine CVD is calculated after giving 35% abatement of MRP price in India.
The recent Customs Notification issued for removing TV from Baggage Allowance.
CRT TV are still allowed for duty free allowance under Baggage.
TV imported through AirCargo and Sea Cargo will attract duty @ 28.852%. The CVD on TV is 12 % , Basic Customs Duty @ 10 % , SAD@ 4% and Cess 2% .But , CVD on TV is based on MRP price in India. The value of TV to determine CVD is calculated after giving 35% abatement of MRP price in India.
The recent Customs Notification issued for removing TV from Baggage Allowance.
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION
No. 84 /2013-Customs (N.T.)
New Delhi, the 19th August, 2013
G.S.R. (E). - In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following rules to further amend the Baggage Rules, 1998, namely:-
1. (1) These rules may be called the Baggage (Second Amendment) Rules, 2013.
(2) They shall come in to force on the 26th day of August, 2013.
2. In the Baggage Rules, 1998, in Annex I, after item 5 relating to Gold or silver, in any form, other than ornaments, the following item shall be inserted, namely:-
“6. Flat Panel (LCD/LED/Plasma) Television.”.
[F.No.354/112/2013-TRU]
[Raj Kumar Digvijay]
Under Secretary to the Government of India
Under Secretary to the Government of India
Note. - The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification No. 30/98-Customs (N.T.), dated the 2nd June, 1998 [GSR 296 (E), dated the 2ndJune, 1998] and last amended vide notification No.25/2013-Customs (N.T.), dated the 1st March, 2013 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 139 (E), dated the 1st March, 2013.
