Wednesday, November 27, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. Duty-free import of flat-screen TVs to be banned from Aug 26

Duty-free import of flat-screen TVs to be banned from Aug 26

New Delhi: The government has decided to ban duty-free import of flat-screen TVs from August 26, as part of measures desgined to stem outflow of foreign exchange, says a press release. Government officials estimated that

India TV News Desk Updated on: August 20, 2013 8:12 IST
duty free import of flat screen tvs to be banned from aug 26
duty free import of flat screen tvs to be banned from aug 26

New Delhi: The government has decided to ban duty-free import of flat-screen TVs from August 26, as part of measures desgined to stem outflow of foreign exchange, says a press release.



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.

Under the new rules, passengers will have to pay a 35 percent duty and other charges on such TVs.
Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement