India

Why you can’t bring duty-free TVs from abroad anymore

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Delhi Airport-T3--621x414

India will ban the duty-free import of flat-screen televisions from August 26, 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.

The rupee on Monday fell to an all-time low of 63.30.

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 Rs. 35,000 as part of their baggage allowance.

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

He is a Software Engineer from Moodbidri currently living in Kuwait. He likes to travel and post interesting things about technology. He is the designer of Kannadigaworld.com. You may follow him on FB at fb.com/alanpaladka

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