Bangalore/New Delhi: The ban on duty-free import of high-end, flat screen plasma television sets from August 26, 2013 is bound to hit sale of such TV sets at duty free (DF) shops at Indian airports also.
According to the partner at consulting firm BMR Advisors, Mahesh Jaising, the notification applies to DF shops at airports. “Duty Free shops in India are located outside the customs frontiers and procurements from duty free shops (purchases at DF shops) are also counted towards baggage allowance. Hence, the above restriction equally apply to TVs sold through duty free shops in India as well.”
A source at Nuance Group (India), which runs duty free shops at Bangalore International Airport (BIA) said that the sale of such TV sets is close to 100 units a month at DF shops at BIA.
The ban, notified by the government recently, is aimed at curbing the runaway current account deficit, as the concession to Indian travellers is perceived as non-essential import. The ban came in by way of inclusion of such TV sets in Annexure I of Baggage (Amendment) Rules, 2006 (Baggage Rule, 1998).
26/08/13 PTI/Deccan Herald
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According to the partner at consulting firm BMR Advisors, Mahesh Jaising, the notification applies to DF shops at airports. “Duty Free shops in India are located outside the customs frontiers and procurements from duty free shops (purchases at DF shops) are also counted towards baggage allowance. Hence, the above restriction equally apply to TVs sold through duty free shops in India as well.”
A source at Nuance Group (India), which runs duty free shops at Bangalore International Airport (BIA) said that the sale of such TV sets is close to 100 units a month at DF shops at BIA.
The ban, notified by the government recently, is aimed at curbing the runaway current account deficit, as the concession to Indian travellers is perceived as non-essential import. The ban came in by way of inclusion of such TV sets in Annexure I of Baggage (Amendment) Rules, 2006 (Baggage Rule, 1998).
26/08/13 PTI/Deccan Herald
