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Saturday, March 2, 2013

Jewellery upto 1 lakh for lady and 50000 for man passenger permitted

In the budget 2013, Finance Minister proposed that jewellery upto 1 lakh for lady passenger and 50000 for gentleman passenger is permitted to bring from foreign. Custom department also issued a notification no. 25/2013 dated 01 March 2013 about importing of jewellery. Full notification is as under.


NOTIFICATION
New Delhi, the 1st March, 2013
No. 25/2013-Customs (N.T.)
G.S.R. (E). - In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following rules further to amend the Baggage Rules, 1998, namely:-

1. (1) These rules may be called the Baggage (Amendment) Rules, 2013.
(2) They shall come in to force on the date of their publication in the Official Gazette.
2. In the Baggage Rules, 1998,-
(a) in rule 10, for the words “rupees six hundred” at both the places where they occur, the words, “rupees one thousand five hundred” shall be substituted;

(b) in Appendix D, in column (2), for items, (i) and (ii), the following items shall be substituted, namely:-

“(i) Jewellery upto an aggregate value of 50, 000 by a gentleman passenger, or

(ii) Upto an aggregate value of 1, 00,000 by a lady passenger.”;

(c) in Appendix F, in the column relating to ‘Articles allowed free of duty’, in item (a), for the words “jewellery upto ten thousand rupees by a gentleman passenger or rupees twenty thousand by a lady passenger” the words “jewellery upto fifty thousand rupees by a gentleman passenger or one lakh rupees by a lady passenger” shall be substituted.
Keywords-import of jewellery,jewellery permission,how much one can take jewellery with them.

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