As India has been discouraging people from importing goods, especially gold and TV sets, to control capital outflows, this has had a bearing on the businesses of local suppliers in faraway Qatar, the Peninsula said.
"We have noticed a steep fall in the number of Indians travelling home with flat screen TVs, due to the recent customs levy on TV imports," Country Manager-Qatar, Jet Airways, Anil Srinivasan, was quoted by the newspaper as saying.
A similar trend has been reported from the UAE in recent weeks. It was reported last month that the Indian government's decision to impose customs duty on flat television panels was likely to have an impact in the UAE with the electronics retailers bracing for a 20 per cent decline in sales.
According to official estimates, more than one million television sets were imported to India last year, with UAE, Thailand, Singapore, Qatar and other Gulf states as the primary source destinations.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
