Now shop at duty-free for Rs 25,000, pay Indian money
The government on Friday increased purchase limit from duty-free stores in Indian currency from `5,000 to `25,000.
The Central Board of Excise & Customs has amended the rules for those travelling to or from India to countries other than Bhutan and Nepal. Last December, all Indian residents and foreigners, other than those from Pakistan and Bangladesh, were allowed to carry `25,000 in cash and the rules regarding purchase from duty-free shops have been changed to align them with the cash limit.
While Indians can carry up to $5,000 cash without any disclosure requirements, the revised baggage rules allow duty-free import of chocolates, apparel, toys and other products of up `50,000 per individual. Certain goods such as gold and silver and flat screen TV sets are outside this `50,000 cap and attract duty.
amar ujala newspaper 09/07/2016 : http://epaper.amarujala.com/login.php