https://www.taxtmi.com/manuals?id=2198 Bonafide gifts imported by post are exempt from Basic and Additional Customs duties up to a prescribed value, provided items are not prohibited and the gifts are genuinely free for personal or institutional use. Valuation uses the original value at dispatch excluding postal or airfreight. If the value exceeds the limit the recipient pays customs duty on the entire consignment; restricted goods may attract penalties and confiscation, and prohibited goods are subject to absolute confiscation and penal action. Customs assesses duty and the postal department collects and deposits it. en-us Sun, 05 Mar 2023 13:01:00 +0530 Fri, 05 May 2023 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2198 Bonafide gifts imported by post are exempt from Basic and Additional Customs duties up to a prescribed value, provided items are not prohibited and the gifts are genuinely free for personal or institutional use. Valuation uses the original value at dispatch excluding postal or airfreight. If the value exceeds the limit the recipient pays customs duty on the entire consignment; restricted goods may attract penalties and confiscation, and prohibited goods are subject to absolute confiscation and penal action. Customs assesses duty and the postal department collects and deposits it. Manuals Customs Sun, 05 Mar 2023 13:01:00 +0530 https://www.taxtmi.com/manuals?id=2198