custom duty on lcd monitors in india for sale

The main issue with this subject is that there are conflicting reports on different websites. Some websites are outdated, while some are providing the wrong info. Sadly, even the official website of Indian Customs doesn’t have easy-to-understand answers to these questions.

This article has an Online Calculator for Indian Customs Duty on LCD/LED TV and explains the procedures to be followed while carrying a television to India.

The guideline for Customs Officers says that the duty is 38.5% on “the assessed value”, which need not be the actual cost of the TV. The value will be assessed on arrival, based on parameters such as make, model, condition of the TV- whether new or old etc.

To help in assessment, Customs Officers have an internal database with popular TV models and their prices. This database is not published for the general public.

We have developed a calculator which you can use to get a rough estimate of the customs duty on LCD or LED TV. Since you cannot predict the assessed value, you can get an estimate by converting the cost into Indian Rupees.

The assessed value depends on the Officer’s judgement. Some Officers are strict and stick to the customs database, while some are flexible and may record a lower assessment value.

For example, you may have bought a 42″ LED TV for AED 2,500 (Rs 50,000) but the Officer may assess the value to be Rs 25,000. In this case, you have to pay only Rs 9,625 as a duty.

The Duty Receipt would show that the assessed value is Rs 25,000 and you paid 38.5% of the value. In reality, you have paid only 19% of the cost price. This is why most people feel they paid less than 20%.

The assessed value is not solely dependent on the cost price of the product. However, producing a purchase bill/invoice may help the Customs Officer in the assessment.

Note that it is not mandatory for the Officer to charge you based on the bill. He can use the Customs database and his personal judgement in assessing the value.

Here also it is not mandatory for the Officer to charge you based on the bill. He can use the customs database and his personal judgement in assessing the value.

For older and used TV sets, travellers can request depreciation. This is usually granted based on the number of years used. The assessed value will be lower for older TVs.

There are special allowances for professionals returning to India after completing a contract (You can read it here). However flat panel televisions are not included in such allowances.

The assessment and invoicing are usually done in Indian Rupees. However, you can pay in foreign currency as most currencies are accepted in all Indian airports.

However, airlines have their own policy for the maximum size that can be carried on their flights. Make sure to check the maximum baggage dimension for your flight, particularly if you are carrying 50 inches or bigger. The airline’s website should have the maximum dimension per box. Pay attention to the weight per piece also.

At the check-in counter, mention that you have a TV in baggage. Airline officials will label it as Fragile and pass it through a special conveyor belt for oversize luggage.

Yes, the new Customs Declaration Form has an additional field to declare any flat panel television you are carrying. You have to mention it there and show it to the Customs Officers and pay the duty before leaving.

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Most Trading partners to import Lcd Display are China, TAIWAN, Rep. of Korea, KOREA DP RP, Viet Nam . Import duty is imposed by the government when Lcd Display is imported into India from any country. This tool helps you to find out duties one have to pay while importing Lcd Display

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The Customs or A tax charged on certain goods which are brought into a coun... for Computer Monitor to India is classified under Computer & Office(cdf categories).

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The rate of duty on LCD Tv is 31.703%.The value of Tv will be determined by the Customs after examining it. The maximium depreciation for first year is 16% of the value.

The rate of duty on LCD Tv is 31.703%.The value of Tv will be determined by the Customs after examining it. The maximium depreciation for first year is 16% of the value.

hi im bringing in a new 24" LCD Monitor HP W2408H from UAE(i currently reside here) which is used only on computer. Is there going to be customs duty on this or is it better i try to get it in india itself

If it is LCD monitor and not LCD TV than there will be no Customs duty .But other duty like central excise duty 14%,education cess 3% and Additional duty of 4% will be collected.

The rate of duty on LCD monitor for computer is same whether it is imported or manufactured in India.The deciding factor is the price in India,service after sales and availability of particular brand in INDIA.

I am an NRI living in Malaysia with family since last more than 3 years. I am buying a 40" LCD TV worth about INR 85,000. I understand goods worth Rs. 25,000 is allowed free. Do I have to pay duty on the differential amount of INR 60,000 @ 31.7% - Depreciation; when I bring this to India ? What is the ebst way to bring this TV to India with minimum or no payment of duty etc. Is TR is the best way ?

Thanks for appreciations. Duty on Baggage goods,if value is more than Rs 25,000/- then ,duty is 35%, on the differential amount. Hence, Baggage import is best option.

I am planning to get 46 " lcd tv to India from USA. I am here for almost 2 yrs and I come under residence transfer category. The TV costs 96600 (2100 $). How much duty I have to pay and how much worth goods is duty free ?

I"m on a B1 visit to US and I have a portable projector which I use frequently in presentations, now can you tell me how much duty will I have to pay when I take this projector back to india?

I am planning to buy a LCD tv worth 475Euros but the same tv costs more in India say around 4 lakhs. Which amount will be used for taxation. The bill amount or the MRP of the LCD tv in India ?.Please advice.

I"m currently satying in dubai. On my next visist to india i would like to take one Sony Bravia 37"" LCD TV. Can you please tell me what will be the duty tax i have to pay.?

hi there... i want to bring used 24"lcd westinghouse monitor of value rs.13160 bought in 2007 from canada to india. how much the duty will be if carrying with me? can i carry in original packaging for safety?

Hi, I am thinking of importing a large amount of used computers and monitors to Kolkata from the UK. Can you please advice me what import tax I would have to pay in Kolkata.

I would like to take the 32 inch LCD TV from UAE to chennai, Indai. The price of the TV is 20000 INR. Could you please tell me what will be the import customs duty charges?

My question is regarding import of an LCD monitor, Dell Ultrasharp 2209WA, which I have bought in Australia for AUD 319 (approx. Rs. 11600). I will bring it back with my as checked baggage. I"ve heard that personal electronic equipment up to Rs. 25000 is exempt from duty. As such, will I have to pay anything when I bring the monitor with me?

I wish to buy a telescope weighing 20kg from Australia, and would like to bring it back with me when I come back to India. The cost of the telescope will be 4000 AUD. How much payment will have to be made for import?

I am an NRI living in Dubai, UAE with my family since last 14 years. As I would be relocating to Mumbai for good I am planning to buy a new 46" LCD TV worth about INR 76,000. I understand goods worth Rs. 25,000 is allowed free. I plan to send this TV along with all my other household stuff to Mumbai via sea. What would be duty, taxes and other charged that I would have to pay for the LCD TV specifically.

hi ravindra. im bringing a LCD from sinpapore worth 45k. What will be the customs (do i need to consider the weight of the LCD also ?) and also incase if i bring 2 small LCD worth 12k each would both be custom free.

hi ravindra kumar..i am on a social visit to singapore . i want to purchase a lcd monitor from singapore.can u give me details of how much duty will be collected from me..

I live in USA. I would like to bring a 46 inch TV to India that costed me $1200 (approximately Rs 57,000/-). I recently saw somewhere that the customs tax has been reduced to 5% from 10% in this year"s budget for LCD monitors and TVs. Is this correct? If not what will be my custom"s duty? Is it a straight forward way of clearing customs? I couldn"t follow the calulation method for central excise duty that you have mentioned above. And the last question is that the price of the TV in india is Rs. 50000 more than what I have purchased it for, how will this affect my total customs?

I intend to carry a 32" LCD TV from Muscat to Bangalore for which I have bill worth Rial Oman 100/USD 300, I dont have any other electronic item with me. Please confirm the applicable customs duty.

This is regarding bringing my personal plasma tv 42", a hi-fi music system and an xbox game console, all together valued at AU$2500. I have these items for almost 10 months now and I am planning on returning back from Australia with these items. My question is how much customs duty or any duty would I have to pay if I want to bring these items with me or have them courier to an address in India?

Duty on TV is @ 24.421% . As far Baggage Rule is concerned, it is advisable to visit CBEC website link given in the blog . Various conditions are involved for getting Baggage import benefits.

I am living in Dubai and I want to bring SAMSUNG 32” LCD TV with me in my next trip to India. Its value in Dubai is Dirham 1600.00 equaling to INR 21200.00 as per the current currency exchange rate AED v/s INR. So, how much custom duty or any other duty would I have to pay?

If you are coming after at least 365 days during the two years immediately precedings the date of arrival ,OR, under Transfer of Residence(TR) then 15% on colour TV.

i am on short leisure trip to singapore , i am planning to bring a sharp LCD 37" its cost in RS. is 65k. please suggest what custom duty will be charged on this.

i"m a NRI since 1999 every time i have been to India for vacation is not more then 2months(Annually) my question is i"m planing to carry these things in my checked baggage,

If you are coming under TR then One desktop computer ( your all items make one computer ,if assembled together) is allowed without customs duty. Further ,there is duty free allowance of Rs 25,000/- . If your used camera is falling in this limit, then, no duty.

You may my visit website www.globaltaxguru.in which is under construction. You may test import of LCD TV in this site.The Baggage portion is yet to be tested.Till ,i refine and test my site, i will be answering through blog.

If you are exporting to Canada then there is no duty. But if you are importing into India ,then there is duty. LCD tv customs classification varies as per size.

my parents are visiting me to kl, malaysia. tha want to buy lcd 40" from here. they are staying here for 1 month . how much duty they have to pay in india

as you have mentioned valued item of INR 25000 is allowed. So that item should be invoiced in Foregin currency equivalent to INR 25000 or that item should value in india for that certain amount.

I want to carry a 40"LCD TV AED 2800/-to india from dubai in April 2010, what is customs duty chargeble on it ??? what are the documents shall i carry ??

Pl see my website (under construction) www.globaltaxguru.in. Enter Lcd tv. Merit rate of duty @ 26.85%. If you are bringing as Baggage then duty varies as per your stay,your category as passenger,etc.

I have bought a LCD/LED tv (102 cms) by paying 250 euros.The cost of the tv in india is around 250,000 Rs.Can you please let me know how much charge i have to pay as customs and excise duty.I have tried to find the answer from your previous messages but could not understand anything.

There are different rate of duty, if you are importing through baggage or through air cargo/courier.pl specify for mode of import.Further, forward me my earlier message for clarification.

I am in dubai right now. I have recently purchased xbox360 and would like to take it to India. Its a second hand purchase worth 900dhs (around 11,000rs). Will i need to pay custom? thx alot

I am planning to buy 60 inch ( 150 cm) LED 3D TV from Europe and take as baggage with me. I will be going back to India after 30 days. The cost here is 50 % less then in India. Can you please advice me what will be import duty on LED 3D, your website globaltaxguru is giving size of 25 cm. Your advice will be high apreciated.

I am planing to start a import Computer hardware products from China. Can u plz tell me the taxes/duties I"ll need to pay. Is any license is need to import the things from china?? Plz reply on vkgarg05@gmail.com asap!!!

You need IEC from DGFT .Pl see my site www.globaltaxguru.in to know duty and licence conditions.If you wish to engage me as consultant then you have to pay for the same. Alternatively, you can register your self as premium user.

You are doing a fantastic job by providing the info, i tried registering as premium user on your site (to find out how much you charge) however it gives me server exception error, is there any other way i can get in touch with you?

Currently, i have given access to some Customs officers and person who are professionally in import and export related business. I can extend same to you. But you have to send me your exact requirement like , you would like to know total duty break up and duty with relevant notifications, etc,. It is in format similar to customs requirement.

I want to bring my lcd TV (26 inch) worth around 320 euros(19500 rupees) Indian cost used around 4months from Ireland .Am i need to pay any custom duty for this.

There are different duty exemption for different category of person ,if importing goods through Baggage. After exceeding your duty free limit,you have to pay duty @ 36.05%.

I am staying in Copenhagen, Denmark and I want to take a 32" LD TV for my sister in Delhi. The price of the LCD TV is approximately INR 20000 (DKK 2499). Since, there is a free limit of 25000, therefore do I need to pay any customs duty at Delhi airport for the TV. Also, I would be carrying a laptop (which I have been carrying during my past visits and never paid any duty). Since, this time I would be also carrying the TV therefore I am little sceptical whether I can carry both of them together without paying any duty.

Also, can you please let me know whether the price of the TV will be accessed by the customs officer or the price will be considered as writen on the invoice?

I bought a Sony 40 inc LED LCD for Rs35,000/- in indian rupees. But, the same model costs 1,20,000/- in India. I tried entering all the information in your globalguru site..but, I could not get the custom duty price in rupees.

Old TV ,you cannot import through baggage ,without paying fine and penalty ,in addition to duty @ 26.85%. There is freight charge and handling issues. In Courier, the shipping cost is also added in value for duty charging.

Other option ,you bring as Baggage,you may visit my site www.globaltaxguru.in for duty calculation .In Baggage module , you have to enter value in Rs and in courier , you have to enter in foreign currency.

I am working in KL, Malaysia. And I am coming to India within 2 months after coming here. I have an Employment Pass here. I want to bring a Samsung LCD TV (46") which costs RM 4000 here (Approx INR 56,000). Could you please let me know how much duty I will have to pay @ Mumbai Airport? I am planning to get it along with me with Access Luggage.

Duty liability on LCD TV will comes once you cross duty free allowance ,and that will be 35 % + 3% cess on this duty. The duty will be charged on value after allowing duty free limit of Rs 25,000/=.

Second hand personal goods importing through Courier will attract fine and penalty, additionally you have to pay customs duty. Goods will be valued by Customs as per conditions of the same.Further delay. Best option is baggage,as far customs is concerned.

I wud like to take a 32 inch lcd Sony Bravia to Chennai shortly. Cud u pls adv duty involved.... I am an Nri and purchased this TV in Dubai at Aed1500 equivalent to something around Rs20000 max. Pls adv urgently

I am in Australia on work permit visa .I came for the first time in August 2009 and went back to India in September 2009. Then again I came in March 2010 and may be going back in September 2011. So I am here for 2 years including a vacation of six moths and eleven days. C

respt sir myself abhijit ashtikar i just want to ask you that my sister stays in dubai and now she is coming back to india on mumbai airport, she is getting an LG LED tv 42" with an home theatre which costs 3000AED(INR37000) can you please tell me that how much she needs to pay .

my ques is can I bring 3 lcd tv sony of 9000 Inr each from bangkok. the total is 27000 . I also know the duty is calculated on excess allowance. But my quantity is 3 pc. Is it possible to pay duty on Rs 2000 only ??

Three LCD Tv by one person,may not be treated as bonafide baggage but may be viewed as commercial quantity.Therefore,you may be denied duty free allowance for all but allowed for one. This is very subjective ,therefore it depends on how do you convince that they are bonafide baggage.

I live in Australia, I just want to confirm that can i send used computer including CPU and LCD to india Or in other way can i import Used computers in india ? please let me know, and Thanks in Advance

I am planning to buy a LED TV (47" - 55" size) & a home theater system (around 20-25 kg) from Dubai. It will cost around 1.50 - 1.80 lakh. I will divide it in two passengers.

I am planning to buy a LED TV (32" - 42" size) from Dubai. It will cost around 20-80 thausand INR. im still working in dubai.im retain india after 2 year. pls advise me how much amoumt allow custom.

I want to buy a LED TV from China. The cost of TV is around $450 for 55 Inch LED TV. According to Indian Currency it will be INR 22300/-. Please let me know how much tax I will need to pay?

India will levy a 5% basic customs duty on imports of picture tubes used in making open cells - used in display screens of LED or LCD televisions – from November 12, 2020. The move will encourage foreign companies to set up display manufacturing units in India, industry insiders said.

“Customs duty of 5% has been imposed on few items for manufacture of open cell for televisions like pure cell and printed circuit board for open cell which were earlier exempt from duties,” an official said.

The move follows a 5% basic customs duty on open cell television panel imports which was imposed from October 1 this year. The exemption was offered for a limited period of one year till September 30 in anticipation that the industry would build capacity for manufacturing critical components in India and move towards value addition from mere assembling.

Television makers had argued that prices of fully built panels have risen 50% and customs duty of 5% on open cell – a major component for TVs – would lead to increase in sale prices. They had also demanded that imports of parts of open cell should be levied with duties so as to create parity.

“The imposition of duty on the parts of open cell will give the domestic manufacturers a level field with the imports and incentivize the manufacture of these parts in India,” said Bipin Sapra, partner at EY.

Sunil Vachani, chairman of Dixon Technologies that makes LED and LCD televisions, said that the government has responded to industry’s demands for a level playing field.

“It’s a welcome step, it will encourage display fab manufacturing to come to India, in turn driving investments, and ensure that no unfair advantage is given to any player,” he said.

Government has given protection to local industry with 20% customs duty on imports of fully made TVs since 2017 and certain categories of TV imports have been put in the restricted category since July this year.

Smartphones will become more expensive as a result of the competition watchdog’s two recent adverse orders against Google. Its patent Android operating system for mobile phones would mean higher costs of ensuring user safety and security, which could, in turn, be passed on to customers.

Wipro posted a 2.8% growth in net profit for the fiscal third quarter, beating estimates, but the IT services major warned that the sector was slowing down amidst a challenging macroeconomic environment.

The National Company Law Tribunal (NCLT) on Friday allowed the ownership of Jet Airways to be transferred to the Jalan Kalrock Consortium (JKC), which had won the bid to resurrect the grounded carrier in 2021.

In order to ship your TV safely to India, it is essential that they are packaged appropriately to minimize any chances of damage. To ensure secure packaging, it is best to use the original retail box that your TV arrived in. However if you did not save the original packaging, you need to purchase a box specifically designed to accommodate televisions. Our packing experts at Universal Relocations can further assist you with finding the apt boxes and wooden craters.Here are some other important guidelines to remember while packing your tv

In case you did not save your TV’s original packaging, we can provide you with the right box along with customized wooden crating and ensure it gets transported properly. If you require further assistance with any challenges that may arise while you prepare to move, do not hesitate to contact us and communicate your issues. Our team of experts are trained to ship your TV and other electronics safely to your destination with no hassle.Transporting your TV

Once your TV is packed appropriately, you may drop it off to any one of our warehouses located in New Jersey / Maryland / California / Texas / Georgia. Once shipped to India, you may then pick it up from any one of our warehouses located in Chennai / Bangalore / Hyderabad / Mumbai / Delhi

You may also opt to have your TV picked up and delivered to your residence at an additional charge.Warehouse to Warehouse TV shipping charges from USA to India

The guidelines for customs officers reports that the duty is 38.5% on “assessed value”. The value will be assessed on arrival, based on parameters such as make, model, condition of the TV- whether new or old.

NRI/PIO who are returning to India for an extended period should consider using the 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 imported 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 is no longer subjected to any minimum stay requirements in India.

The requirements to qualify for transfer of residency concessions: A minimum stay of two years abroad, immediately preceding the date of arrival on transfer of residency is required. Total stay in India on short visits during the 2 preceding years, should not exceed 6 months, and such persons have not availed concessions under transfer of residency in the preceding three years.

hortfall 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.

The total combined value of such goods should not exceed rupees five lakh. 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.

For the following items, a reduced customs duty of 36% is charged. It does not matter whether these items are new or old. Color Television or Monochrome Television. Digital Video Disc Player. Video Home Theater System. Dish Washer. Music System. 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. 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.

Due to security concerns, India no longer allows passengers to carry Drones to India. Effective April 1, 2016. Indian Customs Declaration Forms have been revised and Drones are on the prohibited list and not duty free.How to calculate customs duty in india on used 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.

TV’s are mostly packed in the original manufacturing TV Boxes, which is highly recommended. Roll up cords, wires and remotes are to placed/packed in a clear bag/box.

As per New customs rules , You need to Pay 38.5% customs duty on TV Purchase price or Indian market value . To pay duty on purchase price you need to produce the original purchase Receipt to customs officer at the time of Inspection. TV’s Purchased on open box value or on Thanks Giving Offer – Purchase Invoices/receipts would NOT be considered. TV’s Purchased from COSCO, BEST BUY, FRYS ELECTRONICS, AMAZON, TARGET with Original Invoices – Duty would be considered on the Purchase Invoices.

Yes , If you have original TV box and opt for wooden crating from Universal Relocations, you can get all risk insurance for your TV, which will cover for Lost and Damages. Minimum Premium $ 75 for a Value of $ 3000 and Less or 2.5% on the total declared value – whichever is Higher.

Though it is Optional, but it is highly recommended for the safe shipping and to activate all risk insurance coverage for the damage/breakage cost for Wooden Crating $ 125.

No , Insurance underwriter will not provide all risk insurance for Plasma TV ,but you can take Total loss insurance which will cover only if TV is missing .

Your presence in India is mandatory and Need original passport and Power of Attorney to clear customs on your behalf but your presence in Customs/Port not required .

All new Model TV’s coming with 110 /220 volts and NTC/PAL, And it works in india without any issue , however we recommend to check with the TV Dealer or Universal Relocations Sales Rep before Buying /Shipping.TV shipping from the US to India

Shipping a TV from the USA to India? we offer door-to-door shipping services from USA  to anywhere in India. Our rate includes pickup /ocean freight insurance and customs clearance process in india, Excludes Customs duty and port charges if any in india.

By Press Trust of India: The government has scrapped import duty on open cell TV panel used to make television sets, as it aims to boost local manufacturing by lowering input costs for TV makers who have been complaining about a slump in demand.

The decision to remove 5 percent customs duty will help reduce manufacturing cost by around 3 percent but it wasn"t immediately clear if all TV makers will pass on the benefit to consumers.

Finance Ministry in a notification said customs duty on "open-cell (15.6-inch and above), for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels" will be nil as against 5 percent import duty previously.

Besides, the government has also waived custom duty on import of Chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/ substrate), which are used to manufacture open cell TV panels.

The other goods for use in the manufacture of open-cell of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels of heading 8529 would also attract nil duty. These include Chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/substrate).

"Industry welcomes this decision. This will ease the cost pressure on TV and the benefit once passed to the consumers will help the industry accelerate demand," Panasonic India and South Asia President and CEO Manish Sharma told PTI.

"The announcement comes at an opportune time considering the flat growth that TV"s have witnessed in the last year. Since open cells form a major share of the total manufacturing cost of TV"s, the move will allow us to pass the benefits to the end consumer which would be about 3-4 percent reduction in price thus providing the necessary thrust to the market," he said.

To further the push towards affordability for TV"s, he urged the government to also consider revising the GST slabs for TV"s above 32 inches from 28 percent slab to 18 percent.

"The company has long been committed to the government"s Make in India initiative. This withdrawal of duty on an open cell provides a strong boost to local manufacturing and will help us further enhance our efforts in this direction," said Sony India Managing Director Sunil Nayyar.

According to Haier India President Eric Braganza, the industry has been pushing for this for some time. The TV market is slow, so anything that could ignite the growth is welcome.

When asked whether it would have any impact on TV price, Manish Sharma said currently inventories for the festive season are already in place, however, for fresh imports, the cost impact will be about 3 percent.

"Our festival pricing is already in place which is attractive compared to the previous month"s. Hence postseason, this duty reduction will help us maintain the pricing at same levels with reduced cost pressures on the industry," Sharma said.

Besides removing 5 percent customs duty imposed on import of open-cell TV panel, the government has waived customs duty on import of chip on Film, Printed Circuit Board Assembly (PCBA) and Cell (glass board/ substrate), which are used to manufacture open cell TV panels.

NTSC/PAL compatibility – Transmission in USA uses video standards called NTST whereas transmission in India support PAL frequency. Most of the TVs purchased after 2010 are international standards and support both NTCS and PAL frequency. You need to check the specifications on TV to see if they support both NTSC and PAL. If not, you will need to purchase an NTSC to PAL converter which you can purchase in USA.

Voltage Compatibility – All electronic devices use 110 volts in USA whereas it is 220 volts in India. If you connect a 110 volt device to a 220 volt power outlet, it may damage your device. If you are buying a new TV to ship to India, you should look for TV which supports 110 volts to 220 volts, so that it will work both in USA and India. If not, you can buy transformer that can convert 220 volts outlet to 110 volts and you can safely connect your TV to power outlet via transformer.

The move seeks to bring certainty to businesses and avoid their disputes with the customs department. The clarification is based on inputs from ministry of electronics and information technology. The department said mis-declaration of products have in the past led to tax demand notices being sent to some importers.

As per the clarification, a display unit that includes ten specified items such as touch panel, cover glass, indicator guide light, LCD backlight and polarisers will attract a basic customs duty of 10%. However, if the product includes additional parts such as antenna pin, sim tray, speaker net, battery compartment or other items, then the whole assembly is liable to 15% duty.

Such assembly consisting of a display assembly of a mobile phone with or without back support frame, plus any other parts is not eligible for the concessional duty rate, CBIC said. The order provides display assembly pictures and schematic representations for the ease of identification.

This clarification brings in certainty of taxation on future imports to mobile phone manufacturers who have been at loggerheads with customs officials since long for determining appropriate basic customs duty (BCD) rate for display assembly modules, said Saurabh Agarwal, Tax Partner at EY.

“What needs to be assessed is how would this unfold in the courts and impact existing litigation as the additional BCD cost (if any) on past imports would not be recoverable from customers but would have to be borne by the manufacturer importers only," said Agarwal.

This circular is a big relief to the industry and will avoid unnecessary litigation, said Pankaj Mohindroo, Chairman of India Cellular & Electronics Association (ICEA).

In July, the Directorate of Revenue Intelligence (DRI) issued a notice to Oppo and accused them of allegedly evading customs duty worth ₹ 4,389 by not declaring the items correctly. Soon after, the customs department served notices to three Indian smartphone brands too.

Back then, Oppo had told Mint that it had a different view on the charges mentioned in the show cause notice. Oppo had called it an industry-wide issue impacting many corporations.

In March, the Ministry of Electronics and Information Technology (MeitY) had sent a letter to the Department of Revenue, to clarify that the part needed to make display assembly was exempt from import duty. In its letter MeitY had detailed the constituents of display assembly that were exempt from BCD.

BCD was imposed on display assembly in October 2020 as part of the phased manufacturing program (PMP) to expand local manufacturing capabilities. Some components used in display assembly were exempted from the tax. According to industry experts, display components account for 25-35% of the overall Bill of material (BOM) of a smartphone.

Gireesh has over 22 years of experience in business journalism covering diverse aspects of the economy, including finance, taxation, energy, aviation, corporate and bankruptcy laws, accounting and auditing.

Customs Duty is a tariff or tax imposed on goods when transported across international borders. The purpose of Customs Duty is to protect each country"s economy, residents, jobs, environment, etc., by controlling the flow of goods, especially restrictive and prohibited goods, into and out of the country.

Dutiable refers to articles on which Customs Duty may have to be paid. Each article has a specific duty rate, which is determined by a number of factors, including where you acquired the article, where it was made, and what it is made of. Also, anything you bring back that you did not have when you left the United States must be "declared." For example, you would declare alterations made in a foreign country to a suit you already owned, and any gifts you acquired outside the United States. American Goods Returned (AGR) do not have to be declared, but you must be prepared to prove to U.S. Customs and Border Protection the articles are AGR or pay Customs duty.

The Customs Duty Rate is a percentage. This percentage is determined by the total purchased value of the article(s) paid at a foreign country and not based on factors such as quality, size, or weight. The Harmonized Tariff System (HTS) provides duty rates for virtually every existing item. CBP uses the Harmonized Tariff Schedule of the United States Annotated (HTSUS), which is a reference manual that the provides the applicable tariff rates and statistical categories for all merchandise imported into the U.S.

Duty-Free Shop articles sold in a Customs duty-free shop are free only for the country in which that shop is located. Therefore, if your acquired articles exceed your personal exemption/allowance, the articles you purchased in Customs duty-free shop, whether in the United States or abroad, will be subject to Customs duty upon entering your destination country. Articles purchased in a American Customs duty-free shop are also subject to U.S. Customs duty if you bring them into the United States. For example, if you buy alcoholic beverages in a Customs duty-free shop in New York before entering Canada and then bring them back into the United States, they will be subject to Customs duty and Internal Revenue Service tax (IRT).

The flat dutyrate will apply to articles that are dutiable but that cannot be included in your personal exemption, even if you have not exceeded the exemption. For example, alcoholic beverages. If you return from Europe with $200 worth of purchases, including two liters of liquor, one liter will be duty-free under your returning resident personal allowance/exemption. The other will be dutiable at 3 percent, plus any Internal Revenue Tax (IRT) that is due.

A joint declaration is a Customs declaration that can be made by family members who live in the same household and return to the United States together. These travelers can combine their purchases to take advantage of a combined flat duty rate, no matter which family member owns a given item. The combined value of merchandise subject to a flat duty rate for a family of four traveling together would be $4,000. Purchase totals must be rounded to the nearest dollar amount.

Returning resident travelers may import tobacco products only in quantities not exceeding the amounts specified in the personal exemptions for which the traveler qualifies (not more than 200 cigarettes and 100 cigars if arriving from other than a beneficiary country and insular possession). Any quantities of tobacco products not permitted by a personal exemption are subject to detention, seizure, penalties, abandonment, and destruction. Tobacco products are typically purchased in duty-free stores, on sea carriers operating internationally or in foreign stores. These products are usually marked "Tax Exempt. For Use Outside the United States," or "U.S. Tax Exempt For Use Outside the United States."

For example, a returning resident is eligible for the $800 duty-free personal exemption every 31 days, having remained for no less than 48 hours beyond the territorial limits of the United States except U.S. Virgin Islands, in a contiguous country which maintains free zone or free port, has remained beyond the territorial limits of the United States not to exceed 24 hours. This exemption includes not more than 200 cigarettes and 100 cigars:

If the resident declares 400 previously exported cigarettes and proves American Goods Returning (AGR), the resident would be permitted or allowed to bring back his AGR exempt from Customs duty.

If the resident declares 400 cigarettes, of which 200 are proven AGR or previously exported and 200 not AGR or not previously exported, the resident would be permitted to bring back his 200 previously exported cigarettes tax and Internal Revenue Tax (IRT) free under his exemption.

In December 2014, President Obama announced his intention to re-establish diplomatic relations with Cuba.  The President did not lift the embargo against Cuba.  Absent a democratic or transitional government in Cuba, lifting the embargo requires a legislative statutory change.  Since the announcement, however, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) has amended the Cuba Assets Control Regulations (CACR), effective January 16, 2015, to authorize travel within certain categories to and from Cuba and to allow certain imports from and exports to Cuba.

All travelers, including those from Cuba, must comply with all applicable laws and regulations.  This includes the Harmonized Tariff Schedule of the United States (“HTSUS”) (2016) limitations on personal exemptions and rules of duty extended to non-residents and returning U.S. residents.

Persons subject to U.S. jurisdiction are authorized to engage in all transactions, including payments necessary to import certain goods and services produced by independent Cuban entrepreneurs as determined by the State Department and set forth in the State Department’s Section 515.582 list located at FACT SHEET: U.S. Department of State Section 515.582 List.  On October 17, 2016, the Office of Foreign Asset Control relaxed restrictions so authorized travelers, arriving direct from Cuba, are now able to bring Cuban merchandise for personal use back to the United States and qualify for the U.S. Resident exemption (HTSUS 9804.00.65, which allows up to $800 total in goods, and adults 21 and older may include 1 liter of alcohol, 200 cigarettes, and 100 cigars). This exemption also applies to travelers, arriving from any country in the world, with declared Cuban merchandise.

Declared amounts in excess of the exemption are subject to a flat 4% rate of duty, and any applicable IRS taxes, pursuant to HTSUS 9816.00.20 and 19 CFR 148.101, which impose a duty rate of 4% of the fair retail value on goods from a Column 2 country.

Regarding goods:The Department of State will, in accordance with the State Department’s Section 515.582, issue a list of prohibited goods.  Placement on the list means that any listed good falls within certain Sections and Chapters of the HTSUS which do not qualify for this exception.

Regarding entrepreneurs:  The Cuban entity must be a private business, such as a self-employed entrepreneur or other private entity, not owned or controlled by the Government of Cuba.  Travelers engaging in these transactions are required to obtain evidence that demonstrates the goods purchased were obtained from a Cuban entrepreneur, as described above, and should be prepared to furnish evidence of such to U.S. Government authorities upon request.  Evidence may include a copy of the entrepreneur’s license and/or an invoice and/or purchase order demonstrating the goods were purchased from a specific Cuban entrepreneur.  Whether a traveler presents adequate evidence that a good qualifies from importation and that it was bought from a licensed independent Cuban entrepreneur shall be determined on a case-by-case basis by the inspecting CBP officer.

Imports under Section 515.582 (i.e., imports from licensed independent entrepreneurs not on the Department of State’s prohibited list) must comply with all current U.S. Customs and Border Protection (CBP) formal and informal entry requirements, as applicable.  This means that, while there is no value cap on the amount of goods that may be imported under this provision, the applicable duties in the HTSUS must be considered.

In particular, HTSUS 9804.00.65 allows for the duty-free importation of personal-use articles from a Column 2 country when the fair retail value of such goods is under $800.  Also see19 C.F.R. 148.33.  HTSUS 9816.00.20 establishes a duty rate of 4% of the fair retail value for personal-use articles under $1,000 imported from a Column 2 country.  Thus, any articles imported under this section for personal use with a value of under $800 can be imported duty free, and any articles imported for personal use with a value between $800 and $1800, will be subject to a flat 4% duty rate.  Any articles valued over $1800, regardless of whether for personal use, will be subject to entry and should be classified, appraised, and assessed duty appropriately under the specific HTSUS Column 2 rates.  Also see 19 C.F.R. 148.101 and 148.102.  Any commercial importation, i.e., not for personal use, is subject to entry requirements and payment of applicable duties, fees, and taxes.

While these revised regulations may facilitate certain travel and trade with Cuba, all other laws and regulations applicable to international travel and the importation/exportation of goods remain in full effect.  This means that all United States agency requirements applicable to a particular importation must be met and fully complied with, such as the regulations of the Food and Drug Administration, the Consumer Product Safety Commission, and the Animal and Plant Health Inspection Service.

Federal and state regulations allow you to bring back one liter of an alcoholic beverage for personal use duty-free. However, states may allow you to bring back more than one liter, but you will have to pay any applicable Customs duty and IRT.

While federal regulations do not specify a limit on the amount of alcohol you may bring back beyond the personal exemption amount, unusual quantities may raise suspicions that you are importing the alcohol for other purposes, such as for resale. CBP officers enforce the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) laws, rules, and regulations and are authorized to make on-the-spot determinations that an importation is for commercial purposes. If such determination is made, it may require you to obtain a permit and file a formal entry to import the alcohol before the alcohol is released. If you intend to bring back a substantial quantity of alcohol for your personal use, you should contact the U.S. Port of Entry (POE) through which you will be re-entering and make prior arrangements for the importation.

Also, state laws might limit the amount of alcohol you can bring in without a license. If you arrive in a state that has limitations on the amount of alcohol you may bring in without a license, that state"s law will be enforced by CBP, even though it may be more restrictive than federal regulations. We recommend that you check with the state government about their limitations on quantities allowed for personal importation and additional state taxes that may apply. Ideally, this information should be obtained before traveling.

In brief, for both alcohol and cigarettes, the quantities eligible for duty-free treatment may be included in your $800 or $1,600 returning resident personal exemption, just as any other purchase should be. But unlike other kinds of merchandise, amounts beyond those discussed here as being duty-free are taxed, even if you have not exceeded, or even met, your personal exemption. For example, your exemption is $800 and you bring back three liters of wine and nothing else, two of those liters will be dutiable and IR taxed. Federal law prohibits business-to-private consumer shipping of alcoholic beverages by mail within the United States.

Personal check in the exact amount, drawn on a U.S. bank, made payable to U.S. Customs and Border Protection. You must present identification, such as a passport or U.S. driver"s license. CBP does not accept checks bearing second-party endorsement.

Under what is known as its "301" authority, the United States may impose a much higher than normal duty rate on products from certain countries. Currently, the United States has imposed a 100 percent rate of duty on certain products of Austria, Belgium, Denmark, Finland, France, The Federal Republic of Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and the Ukraine. If you should bring more of any of these products back with you than fall within your exemption or flat rate of duty, (see below) you will pay as much in duty as you paid for the product or products.

While most of the products listed are not the type of goods that travelers would purchase in sufficient quantities to exceed their exemption, diamonds from the Ukraine are subject to the 100 percent duty and might easily exceed the exemption amount.

The United States gives Customs duty preferences-that is, conditionally free or subject to reduced rates-to certain designated beneficiary developing countries under a trade program called the Generalized System of Preferences (GSP). Some products that would otherwise be dutiable are not when they are wholly the growth, product, or manufacture of a beneficiary GSP country. Visit the Office of United States Trade Representativewebsite for additional GSP information.

Many products from Caribbean and Andean countries are exempt from duty under the Caribbean Basin Initiative (CBI), Caribbean Basin Trade Partnership Act, Andean Trade Preference Act and the Andean Trade Promotion and Drug Eradication Act.

Most products from Israel, Jordan, Chile and Singapore may also enter the United States either free of duty or at a reduced rate under the U.S. free trade agreements with those countries.

The North American Free Trade Agreement (NAFTA) went into effect in 1994. If you are returning from Canada or Mexico, your goods are eligible for free or reduced duty rates if they were grown, manufactured, or produced in Canada or Mexico, as defined by the Act.

Household effects conditionally included are duty-free. These include such items as furniture, carpets, paintings, tableware, stereos, linens, and similar household furnishings; tools of the trade, professional books, implements, and instruments.

For Customs purposes, clothing, jewelry, photography equipment, portable radios, and vehicles are considered personal effects and cannot be brought in duty-free as household effects. However, duty is usually waived on personal effects more than one year of age. All vehicles are dutiable.

Unaccompanied purchases are goods you bought on a trip that are being mailed or shipped to you in the United States. In other words, you are not carrying the goods with you when you return. If your unaccompanied purchases are from an insular possession (IP) or a Caribbean Basin Initiative (CBI) country and are being imported within 30 days and sent directly from those locations to the United States, you may enter them as follows:

Step 1. At place and time of purchase, ask your merchant to hold your item until you send him or her a copy of CBP Form 255 (Declaration of Unaccompanied Articles), which must be affixed to the package when it is shipped.

Step 2. (a) On your declaration form (CBP Form 6059B), list everything you acquired on your trip that is accompanying you. You must also complete a separate Declaration of Unaccompanied Articles form (CBP Form 255) for each package or container that will be sent to you after you arrive in the United States. This form may be available where you make your purchase. If not, you may find the form on the CBP website.

Step 3. When you return to the United States, the CBP officer will: (a) collect Customs duty and any tax due on the dutiable goods you have brought with you; (b) verify your list of unaccompanied articles with your sales receipts; (c) validate your CBP Form 255 to determine if your purchases are duty-free under your personal exemption ($1,600 or $800) or if the purchases are subject to a flat rate of duty.

Step 4. Two copies of the three-part CBP Form 255 will be returned to you. Send the yellow copy of the CBP Form 255 to the foreign shopkeeper or vendor holding your purchase, and keep the other copy for your records.

Step 5. When the merchant gets your CBP Form 255, he or she must place it in an envelope and attach the envelope securely to the outside wrapping of the package or container. The merchant must also mark each package "Unaccompanied Purchase." Please remember that each package or container must have its own CBP Form 255 attached, the most important step to follow in order to gain the benefits allowed under this procedure.

Step 6. If your package has been mailed, the U.S. Postal Service will deliver it after it clears Customs. If you owe duty, the Postal Service will collect the duty along with a postal handling fee. If a freight service transports your package, they will notify you of its arrival and you must go to their office holding the shipment and complete the CBP entry procedure. If you owe duty or tax, you will need to pay it at that time in order to secure the release of the goods. You could also hire a customs customhouse broker to do this for you. However, be aware that customhouse brokers are private businesses and are not CBP employees, and they charge fees for their services.

If freight or express packages from your trip landed in the U.S. before you return and you have not made arrangements to pick them up, CBP will authorize their placement into general order bonded warehouse or public storage after 15 days (days for perishable, flammable, explosives). This storage and all other related charges (transportation, demurrage, handling) will be at your risk and expense. If the goods are not claimed within six months, they will be sold at auction.

Per U.S. Postal Service regulations, packages sent by mail and not claimed within 30 days from the date of U.S. arrival will be returned to the sender unless the amount of duty is being protested.

Import costs from China have become a vital issue for many importers. By many metrics, China is one of the largest product manufacturers in the world. Due to China’s manufacturing reputation, many importers, large and small, turn here when they need to import products for their business. As a result, it’s crucial to have an in-depth understanding of the costs of importing from China.

Yes, there are a number of taxes, duties and other fees required when importing goods from China. Most notably, importers are required to pay import taxes, or customs duties, on imported goods, just like they would when importing from any other country.

Additional costs, like Section 301 tariffs and anti-dumping/countervailing duties (AD/CVD) are owed on specific products imported from China. There are also added costs like Merchandise Processing Fees, Harbor Maintenance Fees, and other miscellaneous costs that have to be taken into account when importing.

Customs duties are owed on nearly every product imported from China to the United States. This rule applies so long as the total value of the imported goods totals $800 or more (known as the De Minimis value). If the goods that you’re importing cost less than $800, they are not subject to duty or taxes (with the exception of goods like alcohol and tobacco).

In order to figure out how to calculate import duty from China to the U.S., you need to know your product’s HTS classification. Every internationally traded item can be classified using the International Harmonized System (HS).

Once you find an item’s corresponding HS code (or HTSUS if importing from the United States), you will find the tariff rate associated with that product. That code will then be listed on the commercial invoice.

In addition to the tariff rate, an HTS code will also indicate whether or not the U.S. has a trade relationship with any country for specific product imports. According to the U.S. International Trade Commission (USITC), tariff rates are broken up into three categories:

China falls under the “General” category. That means that the United States and China do not have a trade agreement in place. No special treatment is given on imports of goods from China to the U.S.A.

In addition to normal customs duties, a country may also impose additional tariffs on products imported from foreign countries. In the case of China, the U.S. has imposed Section 301 Tariffson thousands of goods.

Section 301 was signed in 2018 as part of an ongoing trade war between the U.S. and China. The signing imposed tariffs on $550 billion worth of commodities regularly imported from China to the U.S. The tariffs are broken up into four separate lists, each covering various goods and including exclusions and tariff rates.

Our team of Licensed Customs Brokers can help you determine all of the duties, taxes, and fees you"ll be required to pay and even find you ways to lower the costs.

If a foreign country is found to be “dumping” goods into the U.S. at a far lower cost than those goods are being sold in the U.S., antidumping duties will be put in place. The USITC is the organization responsible for implementing anti-dumping duties. Anti-dumping duties are imposed by taxing the goods in question at a far greater rate than the value of those goods.

Similarly, countervailing duties are placed on certain goods for similar reasons. Countervailing duties are implemented when export subsidies make the sale of certain products non-competitive for domestic industries.

According to Customs and Border Protection (CBP), another fee you’ll have to pay when importing into the U.S. is the merchandise processing fee. The amount you pay depends on whether or not the value of your shipment totals more than $2,500 (not including duty, shipping, or insurance fees).

For example, let’s say you have two separate shipments: one valued at $500, and the other at $3,800. Assuming the $500 shipment is manual, but not processed by CBP, you’d owe a flat rate of $6.66 for your merchandise processing fee. That would bring the total cost of your shipment, plus the MPF, to $506.66.

As for the $3,800 order, you would have to multiply the $3,800 by 0.3464, equaling $1,316.32. However, because this figure exceeds the maximum allowed MPF, your fee would be $538.40. That would bring the total cost of your shipment, plus MPF, to $4,338.40.

If your goods are shipped by sea, you’ll be required to pay a Harbor Maintenance Fee. The Harbor Maintenance Fee rate is 0.125% of the value of the imported cargo. There is no minimum or maximum HMF.

Additionally, this fee is charged for goods regardless of duty-free status. Harbor maintenance fees help cover the costs of maintaining ports and harbors around the country.

Many of the taxes and fees listed above are required in order to import from China. However, there are other costs you need to consider. While not always required, freight insurance is highly recommended, especially for high-value items or any items making a cross seas voyage.

Importers must also consider the cost of shipping, storage, and potential accessorial fees owed on the goods once they arrive at port. Federal excise taxes and sales taxes are also required on certain goods. It’s worth noting that value-added taxes (VAT rates) are not charged on imports from China to the U.S.

No matter what you’re planning to import, it’s important to keep in mind all of the potential costs that you may be responsible for before you make your purchase. Below, we’ll list some options available to help reduce import costs.

Do you need an import compliance manual for your business? Make sure that all of your bases are covered in the event of an inspection by CBP, especially if importing goods from a country impacted by an import ban like China. Read more about import compliance manuals and get help determining if it"s the right move for you.

There are multiple ways to reduce import costs when shipping from China. Ultimately though, the process comes down to getting professional advice and being able to do your own research. Some of the best ways to reduce import costs include:

A customs broker licensed by CBP can be an incredible asset when importing goods from China. Ways that a customs broker can help reduce import costs include:

Customs brokers are there to work for you and address all of your importing needs. Hiring a licensed professional is one of the most surefire ways to ensure that the proper procedures are being followed and to avoid or reduce any potential importing costs.

Our team of Licensed Customs Brokers can help you determine all of the duties, taxes, and fees you"ll be required to pay and even find you ways to lower the costs.

When looking to reduce import costs from China, one of the first steps you should take is to