Now, buy local goods sans excise at duty-free shops
May, 24th 2013
Next time you pass through duty-free shops (DFS) in international airports in the country, you can pick up excise-free India-made goods, thanks to the Centre’s latest decision to promote brand India.
Prior to this, indigenous goods were sold in the arrival halls of international airports in the country, but were not duty-free, unlike imported goods.
The Centre’s move could improve the price competitiveness of several India-made goods, say industry observers.
According to a Finance Ministry release on Thursday, a passenger arriving from abroad or leaving the country will now have the choice to buy either duty-free imported goods or duty-free indigenous goods within his overall permissible baggage allowance.
The Finance Ministry said directions had been issued to specify the procedure for removal of goods from the factory of production without payment of duty to godowns or retail outlets of duty free shops.