News Ban on bringing TVs to India from August 26th

Discussion in 'News & happenings' started by JD666, Aug 20, 2013.

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  1. JD666

    JD666 RAID Leader Staff Member

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    The government in an effort to control the slide of the Rupee, has banned the import of flat screen Televisions.

    These were an extremely popular option for people going to Thailand, Singapore, UAE and other countries where LCDs and LED TVs were much cheaper than India.

    To support these activities, some companies had started charging slightly more (Samsung and Sony) and provided them with International Warranty as well.

    On a average, a 32 Inch Flat screen purchased abroad is about 10-12,000 Rupees cheaper. I Saw a 42 inch Samsung Series 5 LED for about 34,000 Rs, which would be about 20,000 cheaper than it's Indian counter part.

    This comes in effect from August 26th. So anyone traveling back to India, please make sure you don't get one with you.

    The official statement is that they will "disallow import of flat panel (LCD/LED/Plasma) television as part of free baggage allowance"
     
  2. dbg

    dbg RAID Staff Staff Member

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    God dammit GOI .. Get the Rupee in line first !!!

    Every Thailand trip came with an assured LED TV .. :(

    Sent from my Nexus 4 using Tapatalk 4
     
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  3. JD666

    JD666 RAID Leader Staff Member

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    See the current rule is.

    - If you are on a international trip for upto 3 days, you are allowed free allowance of 15,000 Rs. That is anything you buy should be below 15,000 ( Total, not individual).

    - If you are on an international trip upto 5 days or more, you are allowed free allowance of 35,000 Rs. So people would generally buy a TV for 18-20,000 and some other items for 10-12,000 and walk free thru customs. Since the total amount is still below 35,000.


    Now what the rule is being read as, that even if you bring a TV under the allowance limits, you will still have to pay Customs Duty on it. Whether it's below 35,000 or not.

    They cannot ban it outright, else Customs will have to set up a shop outside the Airport selling impounded LCDs/LEDs. (That would be a sight for sure)
     
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  4. MohitGamer

    MohitGamer ActiveRAIDer

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    JD666, Are you planning a visit to India before 26th of this month ?? :p
     
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  5. JD666

    JD666 RAID Leader Staff Member

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    Nope :p
     
  6. MOZ

    MOZ RAID Leader Staff Member

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    This is good IMO, we should really cut down on the imports, and increase exports.

    Although, I would say that there is so much more that the government can do to help small and mid-size business grow and expand internationally. Government must understand and teach the people that now businesses can not be limited to national levels only, but have to get into the export business, because international trade is so sensitive, and affects all.
     
  7. idutt

    idutt RAID Rookie

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    this is bad news as buying top notch television sets from abroad are cheap compared to buying the same stuff here in India
     
  8. BANHAMMER

    BANHAMMER Teh Almighty BanHammer Staff Member

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    I donno how much dent will this make in a trillion dollar economy. This is almost like trying to support a broken building with bamboos.
     
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  9. JD666

    JD666 RAID Leader Staff Member

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    Well apparently in a 1500 crore annual market, TVs worth 750 crore are imported from abroad.

    Well it's actually the government to blame. Had they not put such high taxes, companies would not have to resort to selling cheap abroad.

    Sony and Samsung have special traveler pack TVs that weigh in around 10Kgs for a 39 inch LED, compared to 14 kgs earlier. :p
     
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  10. BANHAMMER

    BANHAMMER Teh Almighty BanHammer Staff Member

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    The problem is this will give more chances for government official to harass people and get more bribe.
     
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  11. sohail99

    sohail99 RAID Rookie

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    Agreed! Douchebag govt banning stuff for us to try and compensate for their incompetence! Which will again fail btw as has every policy/measures implemented by them to save the rupee from the sewers. :confused:

    Technically, imports are still allowed ;)

    Sent from my GT-I9500 using Tapatalk 2
     
  12. JD666

    JD666 RAID Leader Staff Member

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    Yep with a 36% duty on the TV.
     
  13. JD666

    JD666 RAID Leader Staff Member

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    To bump this up with some confirmed information. The import duty on Televisions is now 36.05%.

    Also this is the current permitted goods allowance -

    WP_20140819_13_54_27_Pro.jpg
     
  14. BANHAMMER

    BANHAMMER Teh Almighty BanHammer Staff Member

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    That is some really warm welcome.
     

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