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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Customs Duty Exemption for Gifts: Items Up to Rs. 5000 by Post or Air Now Duty-Free per Notification 77/2017.</h1> Public Notice No. 42/2017, issued by the Office of the Commissioner of Customs in Bengaluru, announces an amendment to previous customs notifications. Effective from 13.10.2017, bonafide gifts imported by post or air with a CIF value up to Rs. 5000 are exempt from customs duties and IGST. This exemption applies to items classified under Chapter 9804 and is in accordance with the Foreign Trade (Development and Regulation) Act, 1992. The notice is directed to importers, trade members, and stakeholders, referencing Notification No. 77/2017-Customs, which amends Notification No. 50/2017-Customs.
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