Custom Duty on LED or LCD TV IN INDIA NRI Guide 2023

The Custom Duty on a 55" Television taken from GCC to India relies upon a few elements, including the worth of the television, the nation of origin, and the purpose m6otivation behind the import expecting that the television is for individual use and not so much for resale, the Custom Duty on a 55" Television imported from GCC to India would be:



Customs duty on TVs is 20%.The IGST is charged on the value of the TV plus the customs duty. The current rate of IGST is 18% in India, A Social Welfare Surcharge of 10% is applicable on the total value of the goods plus the customs duty and IGST in India, Therefore, the total customs duty payable on a 55" TV imported from GCC to India for personal use would be

Total Customs Duty = Basic Customs Duty + IGST + Social Welfare Surcharge = 20% of TV value + 18% of (TV value + customs duty) + 10% of (TV value + customs duty + IGST)

For example, if the value of the TV is $500, then the total customs duty would be calculated as follows:

Basic Customs Duty = 20% of $500 = $100 IGST = 18% of ($500 + $100) = $108 Social Welfare Surcharge = 10% of ($500 + $100 + $108) = $70.80 Total Customs Duty = $100 + $108 + $70.80 = $278.80

Hence, the all out customs obligation payable on a 55" Television imported from GCC to India for individual utilize would be $278.80. It's vital to take note of that these rates might shift relying upon the particular conditions of the import, and people are encouraged to check with Indian customs experts for the most modern data on customs obligations and guidelines.

Note: This is general information and please consult custome officials for accurate information for yourself.