Indian Airport Customs Rules And Regulations
Customs is basically the agency or the authority which is solely responsible for collecting the prescribed tariff on goods and products moving into and out of a country as per the specified rules of the country. This department is responsible for controlling the flow of goods and products (which also include transports, hazardous items, animals, and personal goods) into and out of the country as specified by the government of that country. This agency comes under the Department of Revenue, Ministry of Finance under the Government of India.
Every country has their own set of rules, regulations, and restrictions related to imports and exports of goods and products. The Indian airport customs rules imposed on the movement of such goods is basically the tariff or tax imposed on such movement of goods from and to a country. Usually, the customs check operates as the point of no return for all passengers which ideally mean that once the customs check is completed, the passenger would not be allowed to go back.
The following are some of the Indian airport customs rules and regulations charged for different items:
Indian Airport Customs Rules For Electronic Items
The electronic items which included products such as mobile phones, microwave ovens, electricity meters, video recording devices, and digital cameras, lamps and lighting fixtures which are imported into India attract a customs duty or tariff. The tariff had been charged at the ten percent basic customs duty in addition to the integrated Goods and Services Tax as per the rates implied by the Government of India. However, as of December 2017, the Basic Indian airport customs rules for electronic items have been increased by the Government of India, in order to boost the local manufacturing of such products in India which would further impact the creation of jobs within the country.
Currently, an addition of five percentage point over the existing ten percent Basic Indian airport customs is charged on products such as digital cameras, mobile phones, electricity meters, and video recording devices. An additional ten percentage points above the existing ten percent Basic Customs Duty is charged on products such as lamps, microwave ovens, and lighting fixtures.
Indian Customs Rules For TV
As far as televisions are concerned, no free allowance is applicable on a specified list of products including a flat panel or LCD/LED/Plasma Televisions in India. Budget 2018 has made the import of such TV further costly by hiking the customs duty to fifteen percent from the existing seven and a half percent. This customs duty hike is mainly for the LED Panels which makes up seventy to seventy-five percent of the manufacturing cost of the television. The Indian customs rules for TV was increased in December as well when it was increased to twenty percent from fifteen percent.
Indian Customs Rules For Cash
An individual coming from a foreign country can bring along foreign exchange up to any limit, provided the individual follows the following two provisions:
- In case of foreign currency notes or traveller’s cheques exceeding the value of USD 10000 or equivalent, the individual declares the exact amount to the Customs Authority at the Airport upon arrival in India, through filling up the Currency Declaration Form correctly.
- In case of foreign currency value more than USD 5000, the individual declares the exact value to the Customs Authority at the Airport upon arrival in India, through filling up the Currency Declaration Form correctly.
Indian Airport Customs Rules For Gold
The Indian airport customs rules for gold is specific and clear. Any male individual coming from a foreign land to India can carry duty-free gold only up to a value of up to INR 50,000/-. In the case of female individuals, the value of duty-free gold that can be carried into India is up to INR 1,00,000/- only. Indian citizens who have lived abroad for a period of six months or more are eligible to carry gold up to one kilogram.
Any individual carrying gold more than such duty-free limits, as prescribed by the Indian government, need to pay the Indian airport customs duty on the exceeding value over and above the duty-free limits. The Indian airport customs rules for gold is currently fixed at 36.05 percent on the excess gold carried over the duty-free limits. Individuals can also import gold in the form of bars, coins, and ornaments up to the maximum of one kilogram after paying the necessary Indian airport customs duty on gold.
In case, an individual buys gold in India and carries it out of India for some specified purpose and for some specified period of time, would not be applicable for gold duty even if such value exceeds the duty free levels, only if the individual carries the receipt of purchase of such gold so as to prove that the gold was purchased in India.