The Union Government of India on 19 August 2013 banned duty-free import
of flat screen televisions by people who travel through air. This move
came after the Rupees fell below 63 levels against the US Dollar.
The
Government issued a notification according to which the import of flat
panel (LCD/LED/Plasma) televisions as part of free baggage allowance
would be disallowed with effect from 26 August 2013. As of now, air
travellers were allowed to bring the flat-panel televisions as part of
their baggage. From 26 August 2013 onwards, the travellers will have to
pay the customs duty on these TVs.
It is important to note that
for containing the Current Account Deficit (CAD) as well as for
arresting the rupee depreciation, the Government increased the duty on
platinum, silver and gold to 10 percent. The Union Finance Minister, in
the meanwhile, also explained that in order to compress the import of
non-essential goods, certain other steps would also be taken.
Certain
other items which cannot be imported duty free include specified
quantity of tobacco and liquor, firearms, specified numbers of
cigarettes and cigars, gold or silver as well as cartridges of fire
arms.
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