Indian government bans import of flat screen TVs by air travelers

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

Indian government bans import of flat screen TVs by air travelers

NEW DELHI, India – The government today banned duty- free import of flat screen television by air travelers 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 travelers currently can bring a flat screen television for personal use without paying any duty.

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

In a order to contain the Current Account Deficit (CAD) and arrest declining value of rupee, the government has raised duty on gold, platinum and silver to 10%.

Finance Minister P Chidambaram had said that steps would be taken to compress import of non-essential goods.

The value of rupee touched all-time low of 63.30 to a dollar in the afternoon trade.

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