What are the supporting docs that can avoid excise duty(while return from USA) on the items taken from india?

Question

I have a labtop issued by my organization, but I didnt make an entry of it at immigration before travelling to USA. But I have a letter(Like an agreement for it) given by my company at the time of its issue. I have a plan to buy one in US. Does the document I have can avoid the risk of being taxed on the labtop I have taken from home country?

Answer 1

Customs officials (to my knowledge in Blr) DO NOT accept any letter or acknowledgement given by companies or corporates in such cases. Unless, you have got a customs registration certificate for your asset, it is not possible to prove to them that it is company registered or a bonafide commodity to which tax is already paid. If u are buying another one, u might end up paying 33% tax for any one of them which is more costlier (Indian customs have seem to have a little soft-corner for laptops even if it costs more than 25K. So, one laptop can be taken in custom-free. But tax is mandatory for the other one)