Dear Friends,
I want to purchase some mobile phones, cameras and memory cards for personal uses.
What legal formalities i have to fulfill under custom rules and FEMA & RBI guidelines.
should i have to taken Import Export code.
Menu
import for personal uses
Replies (1)
AS PER CURRENT FOREIGN TRADE POLICY PARA 2.8 SUB PARA (III) DEFINES THAT PERSONS IMPORTING OR EXPORTING GOODS FOR PERSONAL USE NOT CONNECTED WITH TRADE OR MANUFACTURE OR AGRICULTURE ARE EXEMPT FROM IEC.
REGARDS,
Recent Threads
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
Related Threads
CAclubindia
