August 19, 2015
New Delhi: Passengers entering India will now have to declare Indian currency exceeding Rs 25,000 and LCD, LED or Plasma televisions being brought by them in the new customs declaration forms.
August 19, 2015
New Delhi: Passengers entering India will now have to declare Indian currency exceeding Rs 25,000 and LCD, LED or Plasma televisions being brought by them in the new customs declaration forms.
According to the new rules, the duty free allowance on cigarettes, cigars and tobacco has been by 50 per cent. Also, passengers of Indian origin and foreigners of over 10 years of age residing in India and coming from any country other than China, Nepal, Bhutan and Myanmar can bring goods worth Rs 45,000 along with them. Earlier, this limit was Rs 35,000.
All flyers coming to India will need to declare Indian currency exceeding Rs 25,000, said the Customs Baggage Declaration (Amendment) Regulations, 2015, notified yesterday by the Finance Ministry.
Earlier, they were supposed to declare any amount exceeding Rs 10,000 being brought by them. An additional field has also been inserted in the 'Indian Customs Declaration Form', which needs to be mandatorily filled by all passengers entering India, to declare any flat panel (LCD, LED or Plasma) televisions being brought by them.
The form presently has fields for declaration of dutiable and prohibited goods, gold jewellery and bullion (over free allowance), satellite phone and foreign currency notes exceeding USD 5,000 or equivalent.
The passengers also need to mention about meat, meat products, fish, dairy and poultry products, seeds, plants, fruits, flowers, other planting material and aggregate value of foreign exchange including currency exceeding USD 10,000 or equivalent in the existing customs form.
Further, they had to report to 'Red Channel' for payment of duty if they were carrying any such items. Ties, Pranab Mukherjee, Washington DC
Courtesy: IBN
