Transfer Of Residence
CUSTOMS DUTIES AND REGULATIONS FOR IMPORT HOUSEHOLD GOODS AND PERSONAL EFFECTS INTO INDIA
Former Indian citizens presently settled abroad, who are contemplating a return to India for settlement, have an option of using the transfer of residency rules that offer those returning after extended stays to benefit from relaxed rules regarding import of their personal belongings.
TRANSFER OF RESIDENCE – CUSTOMS DUTY
NRI /Indian Citizen who are returning to India for an extended period, should consider using transfer of residency, so that they can take advantage of relaxed customs duties. Transfer of Residence is a facility provided to persons who intend to transfer their residence to India after a stay abroad of at least two years. This facility allows the import personal and household articles, free of duty and certain other listed items, on payment of a concessional rate of duty. Those taking transfer of residence are no longer subjected to any minimum stay requirements in India.
DUTY FREE ITEMS ALLOWED UNDER TRANSFER OF RESIDENCE
The total combined value of such goods should not exceed rupees five lakh/500,000. NRIs should also be aware that, not more than one unit, of each item of such goods is allowed, per family. Items allowed duty free under transfer of residence are:Used personal and household articles up to an aggregate value of Rupees 5 Lakh. Jewelry up to Rs. 50,000 by a gentleman passenger or Rs. 100,000 for a lady passenger. Jewelry taken out earlier by the passenger or by a member of his family from India. (Proof may be required)Video Cassette Recorder or Video Cassette Player or Video Television Receiver or Video Cassette Disk Player. Washing Machine. Electrical or Liquefied Petroleum Gas Cooking Range Personal Computer (Desktop Computer) Laptop Computer (Notebook Computer) Domestic Refrigerators of capacity up to 300 liters or its equivalent.
EXEMPTIONS ALLOWED:
Shortfall of up to two months in stay abroad can be condoned by Deputy Commissioner of Customs or Assistant Commissioner of Customs if the early return is on account of terminal leave or vacation being availed of by the passenger or any other special circumstances for reasons which will be required in writing by the customs authorities. The Principal Commissioner of Customs or Commissioner of Customs may condone short visits in excess of six months in special circumstances for reasons to be recorded in writing.
- Word Processing Machine.
- Fax Machine.
- Portable Photocopying Machine.
- Vessel.Aircraft.Cinematographic films of 35 mm and above.
- Gold or silver, in any form, other than ornaments.
LIST OF ITEMS WITH REDUCED CUSTOM DUTY
- Television either used or new.
- Monochrome Television.
- Digital Video Disc Player.
- Video Home Theater System.
- Dish Washer. Music System.
- Inventory / packing list
- Air Conditioner.
- Domestic refrigerators of capacity above 300 liters or its equivalent.
- Deep Freezer. Microwave Oven.
- Video camera or the combination of any such video camera with one or more of the following goods, namely:- television Receiver; Sound recording or reproducing apparatus; Video reproducing apparatus.
HOW TO CALCULATE CUSTOMS DUTY FOR USED ELECTRONIC ITEMS
In case a person knows the rate of duty for a particular item, it’s easy to calculate the duty that will be charged. However for used items the value is determined by allowing depreciation on a yearly basis. Normally depreciation would be calculated as:
First year depreciation
Second year depreciation
Third-year depreciation
Foodstuff Imports
Customs examination:
Import of Alcohol, Spirits etc:
Import of Motor Cars and Bikes:
Import of Pets:
Restricted / prohibited goods:
DISCLAIMER
The information presented herein his based on customs data available at the time of printing and is frequently subject to change without notice. It is the responsibility of the owner or importer of the household goods to comply with the current customs restrictions, regulations, and duties of the country to which the goods are imported. We strongly advise customers to contact the consulate or embassy of the destination country for the most current information on customs regulations, restrictions and duties for importing household goods, personal effects and vehicles.