The duty free allowance for passengers above 12 years of age (Indian residents or foreigners residing in India) arriving from Nepal, Bhutan, Myanmar or China is Rupees 3,000 provided their stay abroad is more then three days. Indian currency is accepted in Nepal except Rupees 1000/500 notes.
Passengers not normally resident in India who wish to bring in high value items (such as a notebook computer, video camera, photographic equipment) for use during their stay in India with the intention of taking the items back with them on departure should, on arrival make a request to the Assistant Commissioner Customs for items to be endorsed on the passport. This endorsement, along with the items, should be shown to the Customs Officer at the time of departure. In such cases no Customs Duty would be payable.
You can bring in any amount of foreign currency travelers cheques etc, and take out as much as you brought in. However, if you are carrying Foreign Exchange in excess of US$ 5,000 or its equivalent in another currency, US$ 10,000 in form of travelers cheques or a combination of currency and travelers cheques in excess of US$ 10,000 you should declare it, on arrival, on the Currency Declaration Form (CDF), to be attested by the Customs Officer, No Indian currency may be brought into or taken out of the country without the permission of the Reserve Bank of India. When remitting money to India, indicate the bank, branch and full address.
The visitor can take back all articles brought in by him. In addition, he can take out the following purchased in India) Souvenirs (including Indian silk, wool, handicrafts, etc.) without any limit; (b) gold jewellery, silverware and jewellery with precious stones for which if the value is high or quantity is large an export certificate should be obtained from the customs authorities in advance of travel. In the case of jewellery items the appraisal of a renowned jeweller could be presented on the basis of which an export certificate may be taken and thereafter declared to Customs.
There are restriction on the export of antiquities and art objects more than 100 years old, Incase of doubt, consult the Director, Antiquities, Archaeological survey of India, Janpath or . Arch. ASI, Safdarjung Tomb. It is advisable to obtain a certificate, of proof. Export of most wildlife products is prohibited or strictly regulated, therefore avoid buying anything made of ivory, reptile skin, fur, musk, tortoise shells, mongoose hair or any part of wild animals.
Income – Tax Clearance Certificate:
You will need this at the time of departure if your stay in India exceeds 120 days. The certificate is issued by the Foreign Section of the Income – Tax Office (ITO), Indraprastha Estate. Observe the instructions under Currency Regulations and Changing Money (above) to facilitate its issue.
In India, the unit of currency is the Rupee (Rs) divided into 100 paise (p). Change money with AUTHORISED MONEY CHANGERS (at the airport, most banks, hotels and certain large shops. The New Delhi Railway Station has a 24 – hours Thomas Cook(l) Limited foreign exchange counter). Insist on a receipt as it will help you reconvert unused rupees into the original foreign currency at the time of departure. Avoid any people on the street who offer to change your money at a temptingly high rate of exchange. Thomas Cook and State Bank of India at Airport are open round the clock. There are ATMs at both the domestic and international airports arrival lounges.