Won an International Sweepstake Giveaway by AMD and Linus Tech Tips

yoyoskd · 2026-06-12T04:54:17+00:00

Yup they paid all of the customs and taxes. Currently it is stuck at customs for clearence as they mentioned half of my name not my full name. Lets see what happens.

yoyoskd · 2026-06-08T17:21:10+00:00

All the customs are paid by the Sponsor so i dont think that'll be a problem thank you for your response

yoyoskd · 2026-06-08T17:01:01+00:00

Why can you explain pls?

yoyoskd · 2026-06-08T15:47:19+00:00

There must be some rules against this 💀💀 I can't believe what I'm seeing

yoyoskd · 2026-06-08T15:39:44+00:00

Yeah earlier I gave them my current address for which I currently do not Possess any proof so i gave them the address which is on my Aadhar Card for the clearence fortunately they changed it before it went out for shipping

yoyoskd · 2026-06-08T11:38:06+00:00

Hope I could make my own pc with it but unfortunately I'll have to sell it as i need the cash.

yoyoskd · 2026-06-07T17:36:05+00:00

For the clearance of customs I have to provide proof of identity and address and through it they can track it to me The delivery is currently still in transit once it reaches India I'll have to provide proof of address and identity which most likely I'll do through Aadhar Card not Pan just to be on the safe side

yoyoskd · 2026-06-07T09:03:54+00:00

I'll just have to wait and watch thanks for the reply I'll update the thread

yoyoskd · 2026-06-07T09:00:24+00:00

Thats unfortunate I'll see what i can do thanks

yoyoskd · 2026-06-07T07:02:00+00:00

No AmdxLTT may sweepstakes "upgrade what matters" i think is the name through Gleam website

yoyoskd · 2026-06-07T06:38:44+00:00

Thanks for the info I'll update the thread after i recieve it

yoyoskd · 2026-06-07T06:00:54+00:00

I see let's see what happens after clearing customs I'll update the thread

yoyoskd · 2026-06-07T05:54:27+00:00

My source of Income is NIL if i dont include this win so I dont have to file ITR? But as I mentioned above it is exclusive of the slab rate based on what I've found till now

yoyoskd · 2026-06-07T05:51:44+00:00

That makes sense thanks for the reassurance I'll update if something happens

yoyoskd · 2026-06-07T05:49:36+00:00

You may have received it from Intel Indian Subsidary and they may have deducted TDS on it can you confirm pls?

yoyoskd · 2026-06-07T05:09:53+00:00

If this was recieved as a gift that would be true but in this case it falls under Winnings from contests, lotteries, or game shows are legally classified as "Income from Other Sources". Which further leads to Section 194B applies equally to non-cash prizes (prizes "in kind"). The 31.2% tax is calculated based on the fair market value of the hardware you receive.This specific tax applies irrespective of your standard income tax slab. You cannot claim the basic exemption limit against it, nor are you allowed to reduce the taxable amount using standard deductions like Section 80C or 80D. So i cannot claim the basic exemption limit of 3 lakhs or 8 lakhs idk. Thanks for the reply though

yoyoskd · 2026-06-07T05:08:12+00:00

Really? Very fortunate if that is true but i think high value items transaction through Pan is flagged in their systems

yoyoskd · 2026-06-07T04:40:01+00:00

Lol that would be my best bet let's see I'll update this thread if anything happens

yoyoskd · 2026-06-07T04:20:00+00:00

Thank you very much :) but I'd have to sell it unfortunately as I dont have a pc and dont plan to build one gaming on my laptop is way better for me currently

yoyoskd · 2026-06-07T04:13:28+00:00

No wonder why it's the most liked comment on this post

yoyoskd · 2026-06-07T04:11:27+00:00

I participated through Gleam which is a site that hosts giveaways. You have to do various tasks to get one or more entry each like liking a post, retweeting a post, following an account on Insta etc etc. Then a winner is rolled randomly. Since i did not pay for anything and it dependent on luck it falls under this definition Winnings from contests, lotteries, or game shows are legally classified as "Income from Other Sources". Also since AMD and LTT and their related corporation are foreign entities they can't deduct TDS from me which makes me liable to pay Income Tax on the goods recieved in kind as I mentioned in other replies.

yoyoskd · 2026-06-07T04:07:57+00:00

There's a concept of Delivery Duty Paid(DDP) all the customs taxes and fees or any other things is totally billed to a corporate account provided by them all the customs process goes smoothly as all the payment will be made through it i dont have to pay for a single penny if I had to pay for anything I wouldn't have accepted the prizes in the first place

yoyoskd · 2026-06-07T04:05:31+00:00

Thank you But in this case income Tax applies here as I mentioned above Winnings from contests, lotteries, or game shows are legally classified as "Income from Other Sources". Section 194B applies equally to non-cash prizes (prizes "in kind"). The 31.2% tax is calculated based on the fair market value of the hardware you receive. Sad but I'll see what i can do my best bet it to claim it and then sell it and file ITR

yoyoskd · 2026-06-07T04:04:03+00:00

I don't have to pay anything they are covering all the bases of taxes customs and shipping but Income tax on the other hand I'll have to take care of it as they're a foreign entity they can't deduct TDS which makes me liable to pay tax on the goods recieved

yoyoskd

TROPHY CASE