That is because, you are legally entitled to bring in 'one' laptop (irrespective of price), 'one' still camera, 'one' video camera & 'one' cellphone without being charged any customs duty. This is in addition to the Rs. 30,000 exemption per adult.
and pray tell me where did u get this info?
A Resident means a person holding a valid passport issued under the Passports Act, 1967 and normally residing in India
I. For passengers coming from countries other than
(a) Nepal, Bhutan, Myanmar, Hongkong or China.
(b) Pakistan by Land Route
Duty Free allowance for bonafide baggage consisting of
For passengers of age
10 years and above
Used personal effects (excluding jewellery) required for satisfying daily necessities of life... Free
Other articles carried in person or in accompanied baggage
(a) if Stay abroad for more than three days
Valued upto Rs.25000/-
Note:
1. The free allowance shall not be pooled with the free allowance of any other passenger.
2. The free allowance is not applicable to the following goods:
1. Fire arms.
2. Cartridges of fire arms exceeding 50.
3. Cigarettes exceeding 200 or cigars exceeding 50 or tobacco exceeding 250 gms.
4. Alcoholic liquor or wines in excess of 2 litres.
5. Gold or silver, in any form, other than ornaments.
3.
One laptop computer (notebook computer) over and above the said free allowances mentioned above is also allowed duty free if imported by any passenger of the age of 18 years and above
4. The goods over and above the free allowances shall be chargeable to customs duty @ 35% + an education cess of 3% i.e. to say the effective rate is 36.05%.
5. Alcoholic drinks and tobacco products imported in excess of free allowance are chargeable to custom duty at the rates applicable to their commercial imports as per the Customs tariff Act.
6. Import of Indian currency is prohibited. However, in the case of passengers normally resident of India who are returning from a visit abroad Indian currency upto Rs. 7500 is allowed.
7. Incase the value of one item exceeds the duty free allowance, the duty shall be calculated only on the excess of such amount.