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Hi Experts,
I need help to understand few things in calculation as per new rule of customes.
I am planning to take my 9 months old 3D SMART LED TV to India from UK. The price of the TV is £487 i.e. around 48,000 INR as per current conversion rate.
As per the new Rules of customs imposing duty of 36.5%, how much do I have to pay for this device? (multiple websites including Govt website shows different allowance i.e. 25k or 35k INR)
My question is:
1. Do I have to pay (48000- 35000 = 13000) & 13000 * 36.5% = 4745 INR?
2. As this more than 6 months old + used TV; still there is duty charges for this?
Looking for help.
Thank you,
Nikhil
I need help to understand few things in calculation as per new rule of customes.
I am planning to take my 9 months old 3D SMART LED TV to India from UK. The price of the TV is £487 i.e. around 48,000 INR as per current conversion rate.
As per the new Rules of customs imposing duty of 36.5%, how much do I have to pay for this device? (multiple websites including Govt website shows different allowance i.e. 25k or 35k INR)
My question is:
1. Do I have to pay (48000- 35000 = 13000) & 13000 * 36.5% = 4745 INR?
2. As this more than 6 months old + used TV; still there is duty charges for this?
Looking for help.
Thank you,
Nikhil
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