Govt to ban duty-free import of flat panel TV

The government used to allow travellers to bring in screens of up to Rs 35,000 as part of their baggage allowance

BS Reporter New Delhi
Last Updated : Aug 20 2013 | 2:02 AM IST
The government on Monday decided to ban duty-free import of flat-screen television sets from August 26. Under the new norms, air passengers will have to pay 35 per cent of the cost of the product as duty and other charges.

According to government estimates, more than a million television sets were imported as air baggage last year, mainly from Dubai, Thailand and Singapore. The government used to allow travellers to bring in screens of up to Rs 35,000 as part of their baggage allowance.

A Consumer Electronics and Appliances Manufacturers Association spokesperson said the government had lost Rs 750 crore the previous year due to duty-free imports and the capacity utilisation of the Indian makers was 70 per cent.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 20 2013 | 12:11 AM IST

Next Story