What is the rate of Customs Duty Payable on import of a LCD TV 42" which is worth $1900 in INDIA?

Now-a-days FEDEX/ DHL provides direct Import Services from any W/wide location - you could perhaps get a indicative/ reasonable idea - you need to mention the Model# & geographic location to reckon mutual taxation agreements. If you get any information,pls intimate me, may be I could import a smaller LCD TV for myself.

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The cost in India has no relevance for payment of Customs duty.The cost of buying is relevant.

You are entitled to free allowance of Rs 25000/- on landing into India if the TV is brought with you in your accompanied baggage.

For example; if the TV has costed you in US for 1000 US Dollars the duty is as under:

The cost around Rs 40000/-

Free Allowance Rs 25000/-(if U dont have other goods with U)

Duty will be levied on Rs 15000/- at the rate of 35 percent + cess of 3 per cent on this 35 per cent