Tarrif for gold jewelley import
This query is : Resolved
25 April 2015
Hello Experts
Can anyone let me know the Exact Rate of Custom Duty on Jewellery import exceeding the Prescribed free limit
29 May 2015
There are two channels for Customs Clearance:
i) Green channel for passengers not having any dutiable goods
ii) Red Channel for passengers having dutiable goods.
Passengers are advised to report at the appropriate channel for Customs Clearance
An Indian passenger who has been residing abroad for over one year is allowed to bring
jewellery, free of duty in his bonafide baggage upto an aggregate value of Rs. 50,000/- (in the case of a gentleman passenger) or Rs.1,00,000/- (in the case of a lady passenger).
A Resident means a person holding a valid passport issued under the Passports Act,1967
and normally residing in India
I. For passengers coming from countries other than
(a) Nepal, Bhutan, Myanmar or China.
(b) Pakistan by Land Route
Duty–Free Entitlements For Bonafide Baggage
*******************************************
Used personal effects (excluding jewellery) required for satisfying daily necessities of life:For Passengers of age 10 Years & Above
For passengers coming from
**************************
(I) Nepal, Bhutan, Myanmar or China, other than by land route
(ii) Pakistan by land route
For Passengers of age below & over 10 Years
& above:Free
i) Green channel for passengers not having any dutiable goods
ii) Red Channel for passengers having dutiable goods.
Passengers are advised to report at the appropriate channel for Customs Clearance
An Indian passenger who has been residing abroad for over one year is allowed to bring
jewellery, free of duty in his bonafide baggage upto an aggregate value of Rs. 50,000/- (in the case of a gentleman passenger) or Rs.1,00,000/- (in the case of a lady passenger).
A Resident means a person holding a valid passport issued under the Passports Act,1967
and normally residing in India
I. For passengers coming from countries other than
(a) Nepal, Bhutan, Myanmar or China.
(b) Pakistan by Land Route
Duty–Free Entitlements For Bonafide Baggage
*******************************************
Used personal effects (excluding jewellery) required for satisfying daily necessities of life:For Passengers of age 10 Years & Above
For passengers coming from
**************************
(I) Nepal, Bhutan, Myanmar or China, other than by land route
(ii) Pakistan by land route
For Passengers of age below & over 10 Years
& above:Free
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- GST Annual Returns filing due date
- Gst Sales of FY 2023-24
- Payable outstanding for years disallowance
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
