NRI Transfer of Residence

Transfer of Residence

Transfer of residence provides exemption/concession of custom duty to those who satisfy the following conditions:

· Stay abroad for more than two years (in special cases shortfall of 2 months can be condoned)

· Total stay in India in 2 years preceding the previous year does not exceed 6 months (in special cases shortfall of 2 months can be condoned)

· Non-availment of this i.e. TR concession in 3 preceding years.

The following items have been excluded from customs duty (one unit for each family)

o VCR/VCD player

o Washing Machine

o Laptop Computers

o Desktop Computers

o Cooking Range

o Refrigerator up to a capacity of 300 litres.

Duty on other 17 items have been reduced from 30% to 15%.Allowance of INR 25,000 is available over and above the benefit enumerated above. Also male and female passengers are allowed to bring jewellery duty free up to INR 10,000 and 20,000 respectively.


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