Owner should have resided out of India for a minimum period of two years preceding his transfer to India and intends to reside in India for a period of at least one year. Short visits to India in the preceding two years are promoted provided the total duration of stay in India does not exceed six months.
The owner must be physically in India before customs clearance can take place. Air shipments must be shipped within 15 days and surface international shipments must be shipped within one month of owner’s arrival in India.
All shipments are subject to customs examination and customs duties will be assessed, based on the Customs evaluation.
In general terms under Transfer of Residence, a TV, VCR, washing machine, cooking range, dish washer, music system, personal computer, air conditioner, refrigerator, deep freezer, microwave oven, video camera, word processing machine and telefax machine may be imported at a duty of 35% of assessed value providing :
- That the combined value of these items must not exceed Rs. 150,000 (approx. US$ 4250 at 1997 exchange rates).
- There must only be one of each such item in the shipment.
Duplicate items or any sums in excess of Rs. 150,000 attracts 61% duty.
Other household goods, provided they have been in the owner’s possession and use for one year, will be allowed free entry.