Categories: Others

4 Changes in Duty Free Allowance for Passengers entering India 2015

There have been changes in the free allowance and Custom Declaration Forms for people entering India. Now you need to declare if you are carrying Indian currency of more than Rs 25,000 – earlier the limit was Rs 10,000.

Also all passengers of Indian Origin or foreigners living in India for more than 10 years can now bring goods worth Rs 45,000. Earlier this limit was Rs 35,000. However people traveling from China, Nepal, Bhutan and Myanmar can only get duty free goods up to Rs 6,000.

Duty Free Allowance For Travelers to India 2015

The new rules have cut the duty free allowance of tobacco related products by half. As per new rules you can get 100 sticks of cigarettes, 25 cigars and 150 gms of tobacco as duty free. Earlier this allowance was 200 number of cigarettes, 50 cigars and 250 gms of tobacco.

Related Post

The new Custom declaration Form also has space to declare any flat panel TV (LCD, LED, Plasma) being brought by you. This is in addition to the declaration about 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 in the existing customs form.

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.

Published by
Amit

Recent Posts

Have you Explored all Options to Save Tax for FY 2021-22?

Everyone hates paying taxes and always are on lookout for Options to Save Tax. However…

December 29, 2021

What is Lien Amount in SBI? How to remove Lien amount in SBI?

Are you worried and confused about Lien amount in SBI? Well you are not alone.…

August 9, 2021

Sovereign Gold Bond August 2021 ★ Best (Tax Free) way to Invest in Gold

Get details of latest Sovereign Gold Bond Price, Issue details, taxation and how to invest.…

August 8, 2021

Income Tax Calculator India in Excel★ (FY 2021-22) (AY 2022-23)

Download the Excel based Income Tax Calculator India for FY 2020-21 (AY 2021-22). This compares…

August 1, 2021

9% Piramal Capital & Housing Finance Ltd NCD ★ July’21 ★ Should you Invest?

Piramal Capital & Housing Finance, has come out with Piramal Capital & Housing Finance Ltd…

July 12, 2021

10% IIFL Home Loan NCD ★ July’21 ★ Should you Invest?

IIFL Home Loan, the Housing Finance company from IIFL Group has come out with IIFL…

July 6, 2021
For more such interesting Posts Visit apnaplan.com