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As rupee plummets, govt bans duty-free import of TVs by airline passengers
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  • As rupee plummets, govt bans duty-free import of TVs by airline passengers

As rupee plummets, govt bans duty-free import of TVs by airline passengers

FP Archives • December 20, 2014, 21:46:49 IST
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India will ban the duty-free import of flat-screen televisions from 26 August, the government said in a statement on Monday.

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As rupee plummets, govt bans duty-free import of TVs by airline passengers

India will ban the duty-free import of flat-screen televisions from 26 August, the government said in a statement on Monday, adding to a package of measures designed to prop up the rupee by stemming the flow of foreign currency out of the country.

Indians wheeling massive LEDs at the Suvarnabhoomi airport in Bangkok. Firstpost
Indians wheeling massive LEDs at the Suvarnabhoomi airport in Bangkok. Firstpost

Government officials estimated that more than 1 million television sets were brought into the country last year - many from Dubai, Thailand and Singapore -under a scheme that allowed airline passengers to bring in screens worth up to 35,000 rupees as part of their baggage allowance.

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Under the new rules, passengers will have to pay a 35 percent duty and other charges, the officials said.

Previously _Firstpost's_G Pramod Kumar had also written about how single Indian preferred to go Bangkok so that they could get their hands onflat and high definition LED TV which are much cheaper in the city than in India.

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You can read his full story here.

With input from Reuters

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