Officials in the Indian customs department last week said large shipments from Chinese e-commerce platforms have been landing on Indian shores, marked as ‘gifts’. Shipping goods as gifts allows an entity to avoid paying duties and taxes, as the government exempts gifts of up to Rs 5,000 under existing laws to allow NRIs to send them back home to relatives.
from Times of India https://timesofindia.indiatimes.com/business/international-business/alibaba-penalises-sellers-evading-taxes-in-india/articleshow/67413284.cms
0 Comments: