Mark package as Gift and send iPhone with product value Zero?

I would like send IPhone 6s gift to India from USA , it is used it costs around 300 usd.

If I mark as gift then can I put value of the product is zero get ride from custom charges and taxes.

No, you can’t. Custom guys are smart and they know people use these tricks.

If it is used phone, check this article on how to keep the value LOW (not zero) and pay less custom duty: