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Old 19-08-13   #1
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Government Bans Duty-free TV Imports from August 26


The government today banned duty- free import of flat screen television by air travellers in a bid to prop up rupee, which declined below the 63 level against US dollar.

The government, according to a notification, has decided to "disallow import of flat panel (LCD/LED/Plasma) television as part of free baggage allowance" with effect from August 26.

Air travellers currently can bring a flat screen television for personal use without paying any duty.

This would mean air travellers bring in TV as part of the baggage from August 26 would have to pay customs duty.

Government bans duty-free TV imports from August 26 - The Times of India
Govt bans duty-free import of high-end TVs
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Old 19-08-13   #2
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Re: Government Bans Duty-free TV Imports from August 26

@manisinjpr, I am sure whatever Congress does is the best course of action for the country,

Mark my words, if Congress came back to power this time, India would not be a democratic country anymore.
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Old 19-08-13   #3
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Re: Government Bans Duty-free TV Imports from August 26

Charge duty on everything,already we pay so much duty on every good.
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Old 19-08-13   #4
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Re: Government Bans Duty-free TV Imports from August 26

The prices of all electronic goods will go up regardless of duties due to rupee depreciation. In the wholesale level prices are going up by min 10% and on the retail level upto 20%. Unless the dealers are prepared to absorb the shocks be prepared to pay a lot more for all gadgets.
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Old 20-08-13   #5
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Re: Government Bans Duty-free TV Imports from August 26

Out FM has gone nuts,thats all i can say.
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Old 20-08-13   #6
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Re: Government Bans Duty-free TV Imports from August 26

LOLz.. what the govt is doing is for another topic but this is totally uncalled for !
after all, not many people get stuff like this and so this is just a wrong impression creator.. and not a solution
Originally Posted by thebanik View Post
@manisinjpr, I am sure whatever Congress does is the best course of action for the country,
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Old 20-08-13   #7
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Re: Government Bans Duty-free TV Imports from August 26

This Ban is more due to the TV smuggling racket than anything to do with Rupee.

There are a huge number of local dealers that pay for ticket and expenses for people to go to Bangkok/Singapore/Malysia and bring in a LED/LCD TV with them when they come in. There are literally hundreds of such T.Vs that are brought in from those countries every single day.

Check E-bay and you will find these very imported pieces available for dirt cheap. Example a Samsung 40inch LED can be bought for approx 30K from these dealers. The only downside is No Indian warranty, only 6month dealer warranty

We Indians are always good at exploiting loopholes and then those get banned by the government inturn affecting the genuine buyers who bring in their own T.Vs not for resale. Sad but reality
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Old 20-08-13   #8
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Re: Government Bans Duty-free TV Imports from August 26

Originally Posted by Virus.exe View Post
This Ban is more due to the TV smuggling racket than anything to do with Rupee.

There are a huge number of local dealers that pay for ticket and expenses for people to go to Bangkok/Singapore/Malysia and bring in a LED/LCD TV with them when they come in. There are literally hundreds of such T.Vs that are brought in from those countries every single day.

Check E-bay and you will find these very imported pieces available for dirt cheap. Example a Samsung 40inch LED can be bought for approx 30K from these dealers. The only downside is No Indian warranty, only 6month dealer warranty

We Indians are always good at exploiting loopholes and then those get banned by the government inturn affecting the genuine buyers who bring in their own T.Vs not for resale. Sad but reality
That would have been logical however our esteemed Finance Minister is claiming that this step has been taken to curb import to stop the declining value of INR.
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