LCD TV Rating

What is the rate of Customs Duty Payable on import of a LCD TV 42" which is worth $1900 in INDIA?

Could anyone let me know what is the rate of duty i would end up paying on declaring a TV which is $1900 worth (40" LCD TV) at the Indian Customs? I have visited all the Govt sites and so please do not send me any links to those sites/ circulars / etc..Many thanks...

Public Comments

  1. Now-a-days FEDEX/ DHL provides direct Import Services from any W/wide location - you could perhaps get a indicative/ reasonable idea - you need to mention the Model# & geographic location to reckon mutual taxation agreements. If you get any information,pls intimate me, may be I could import a smaller LCD TV for myself.
  2. The cost in India has no relevance for payment of Customs duty.The cost of buying is relevant. You are entitled to free allowance of Rs 25000/- on landing into India if the TV is brought with you in your accompanied baggage. For example; if the TV has costed you in US for 1000 US Dollars the duty is as under: The cost around Rs 40000/- Free Allowance Rs 25000/-(if U dont have other goods with U) Duty will be levied on Rs 15000/- at the rate of 35 percent + cess of 3 per cent on this 35 per cent
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