Import of Household
Articles
Take- Car-Gold-silver to India/up Employment
| Import of House hold articles by NRI (A) Passengers returning from countries other than Nepal, Bhutan, Myanmar or China Indian residents who return to India from abroad excepting Nepal, Bhutan, Myanmar or China are eligible for a clearance free of duty. Where those passengers who are above the age of twelve are concerned and are returning to India after a stay of more than three days, they would be permitted to carry: 1. Used personal articles necessary for everyday life, this however does not include jewellery. Excepting those articles upto a value of upto Rs.12,000 can be brought in by the passenger. 2.In the case of a return after less than three days, personal articles with the exception of jewellery can again be carried. Articles other than those mentioned in Annex. I subject to a maximum value of Rs. 6,000 if these were carried on the person of the traveler or in the accompanying baggage. 3.If the person concerned were to return after more than 3 years, again personal articles with the exception of jewellery are permitted. Articles other than those mentioned in Annex. I upto a value of Rs. 3,000 if these are carried on the person or in the baggage accompanying the passenger. 4.In the case of a return after a stay abroad of three days or less, those that are permitted are personal items excepting jewellery once again, and articles other than those mentioned in Annex.I upto a value of Rs 1,500 if these are carried on the person or in the baggage accompanying the passenger. (B) Passengers returning from Nepal, Bhutan, Myanmar or China Where an Indian resident or a foreigner residing in India is concerned and who is returning from Nepal, Bhutan, Myanmar or China, other than by land route, he would be permitted clearance free of duty articles in his bonafide baggage to the extent mentioned below. Passengers of and above 12 years of age 1.If he were returning after a stay abroad of more than three days, personal articles needed for daily use excepting jewellery, and those which are not mentioned in Annex.I, subject to a maximum value of Rs. 3,000, so long as they are carried on the person of the traveler or in the accompanying baggage. 2.In the case of a return after more than three days, personal articles not inclusive of jewellery and excepting those that come under Annex.I, upto a value of Rs. 750 if these are carried on the person or in the accompanying baggage of the passenger. Professionals returning to India An Indian professional who is retuning to India: 1.If he were returning after at least 3 months, he would be permitted to bring in used household articles upto an aggregate value of Rs. 6,000/-and professional equipment upto a value of Rs 10,000/-. 2.If he were returning after at least 6 months, used household articles worth Rs. 6,000/- and professional equipment upto a value of Rs. 20,000/-. 3.In the case of a return after a gap of 1 year during the preceding 2 years on termination of his work, and who has not availed this concession in the preceding three years, he can bring in used household articles and personal articles, which he had been using for a minimum of six months, and which are not mentioned in Annex I or Annex II upto an aggregate value of Rs. 30,000/-. Jewellery In the case of an Indian passenger staying abroad for over one year returning to India, he would be permitted clearance free of duty, jewellery in his bonafide baggage to the extent mentioned below 1.Jewellery upto an aggregate value of Rs.10,000/- in the case of a male passenger, and Rs. 20,000/- in the case of a female passenger. Tourists who come to India would be allowed clearance free of duty articles to the extent mentioned below. 1.Tourists of Indian origin can carry used personal effects and travel souvenirs so long as they are meant for personal use only, the balance should be re-exported if they were not consumed by the tourist during the course of his stay here. Transfer of residence 1.If a person were to transfer his residence to India, he would be permitted a clearance free of duty on articles in his bonafide baggage. Used personal and household articles, excepting those listed in Annex I or Annex II, but including jewellery upto ten thousand rupees in case of a male passenger, or rupees twenty thousand in case of a female passenger so long as the following conditions are also satisfied . A)Minimum stay of two years abroad, immediately preceding the date of his arrival. B)Total stay in India on short visit during the 2 preceding years should not exceed 6 months. C)Passenger has not availed of this concession in the preceding three years. Relaxation may be granted after taking the above factors into consideration. The following are the items that come under Annexure I 1.Fire arms. 2.Cartridges of firearms exceeding 50. 3.Cigarettes exceeding 200 or cigars exceeding 50 or tobacco exceeding 250 gms. 4.Alcoholic liquor and wines in excess of one litre each. 5.Gold or silver, in any form, other than ornaments. The following are the items that come under Annexure II 1.Color Television/Monochrome Television. 2.Video Cassette Recorder/ Video Cassette Player/ Video Television Receiver 3.Washing Machine. 4.Electrical/ Liquefied Petroleum Gas Cooking Range (other than Electrical/ Liquefied Petroleum Gas stoves with not more than two burners and without any extra attachment. 5.Dish Washer. 6.Music System. 7.Personal Computer. 8.Air Conditioner. |
|||||||||||||||||||||||||
|
|||||||||||||||||||||||||
|
Import of GOLD Indian nationals have been formally permitted by the RBI to bring into
the country up to 10,000gms, of gold so long as they have completed a
6-month stay abroad. Those of Indian nationality or origin could bring
into India a maximum of 100 kgs of silver as a part of their baggage if
they had stayed abroad for a period of six months or more. They have to
go through the formality of filling up a baggage declaration form for
the unaccompanied baggage. In case the passenger is unable to clear the
silver due to insufficient foreign exchange for paying Customs duty, re-export
of the same would be permitted. |
|||||||||||||||||||||||||
|
Taking up Employment, Business etc. in India Indian Nationals on their return from abroad can take up employment, business or profession in India without any reference to RBI. With amendment to FERA, 1973, persons of Indian Origin do not require any permission from RBO for taking up employment in India. Foreign Nationals of Indian Origin permanently resident in India have been granted general exemption from the requirements of Section 28(I) and 29(ii) of FERA, 1973 vide RBI notification no- FERA- 146/93-RB DT. 26th April 1993. Accordingly, no permission of RBI is required in the following cases. (i) For acting or accepting appointment as agent of any person or company in the trading or commercial transactions of such person or company. (ii) To carry on in India any activity of trading, commercial or industrial nature or to establish a place of business in India for carrying on such activities. (iii) For acquiring the whole or any part of any undertaking in India of any person or company carrying on any trade, commerce or industry. (iv) For purchasing shares in India of any company carrying on any trade, commerce or industry. It will be observed from above discussion that foreign nationals of
Indian Origin not permanently resident in India will not be exempted from
the operations of Sections 28(i) and 29(ii) and will accordingly require
necessary permission from RBI. |