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Transfer of Residence
Transfer of Residence
Articles
Can a person take more than one item per product?
According to the Customs of India only one unit per family is allowed. The aggregate value of such goods should not exceed Rs 5 lacs [Rs 500,000].
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Do Alcoholic beverages and tobacco fall under the duty free category?
One has to pay duty for Alcoholic beverages and tobacco.
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What are the duty concessions to persons transferring residence?
On a bonafide Transfer of Residence to India one can import free of customs duty personal belongings without any limit provided that they have been residing abroad for a min
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What is Transfer of Residence?
Transfer of Residence is when an NRI decides to return back to India and make it his/her home.
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