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View Full Version : Rahman has to pay customs duty on Oscar statuettes?!



koppi
25-02-09, 12:17 PM
As the Oscar winning music maestro A.R. Rahman returns to India with his statuettes, experts are wondering whether he will be required to pay Customs duty on his two gold-plated statuettes worth about $1,000.

As per the Customs baggage rules, passengers above 10 years of age, who return after a stay abroad of more than three days, will get duty-free clearance for articles up to Rs 25,000. This, however, does not cover gold or silver, in any form other than ornaments.

The Union Home Minister, P Chidambaram, had suggested tax exemption on cash awards that may come with the Oscars bagged by Rahman. "If the Oscars carry a cash award, I would recommend to the Finance Minister that it should be exempt from taxation," Chidambaram had said.

Sachin
25-02-09, 03:06 PM
probably this is the only time anyone will be glad to pay customs duty.

Crazysah
25-02-09, 05:27 PM
Yeah but still, 1,000 is a lot of money. I think he should get tax exemption.

sxykrits
27-02-09, 06:17 PM
that is his duty

rakeshb03
20-03-09, 12:34 PM
However which may be the matter but every inidan should joy as the firat time an Indian got an Oscar award!!!

anus102
06-04-09, 07:18 PM
i think rehman' s custom duty may be relaxed by the Govt.

thanks