| a. |
The weight of silver
(including ornaments) should not exceed the quantity of 100 Kgs. per passenger. |
| b. |
Such
passenger is coming to India after a period of not less than six months of stay abroad.
However, short visits during these six months shall be ignored if the duration of such
short visit does not exceed 30 days and the passenger has not availed of the exemption
under this scheme, at the time of such short visit. |
| c. |
The duty at
the rate Rs.500/- per kg. is paid by the passenger in convertible foreign currency. |
| d. |
Ornaments studded with stones
and pearls will not be allowed to be imported under the scheme. |
| e. |
The
passenger can either bring the silver himself at the time of the arrival or import the
same within fifteen days of his arrival in India. |
| f. |
The
passenger can also obtain the permitted quantity of silver from Customs bonded warehouse
of State Bank of India and Metal and Mineral Trading Corporation subject to conditions (a)
and (c). He is required to file a declaration on the prescribed Form before the Customs
Officer at the time of arrival in India stating his intention to obtain the silver from
the Customs bonded warehouse and pay the duty before clearance. |
