Passengers can now buy duty-free goods worth Rs 25,000

World Monday 11/July/2016 19:59 PM
By: Times News Service
Passengers can now buy duty-free goods worth Rs 25,000

New Delhi: Flyers coming in from abroad can buy goods upto Rs25,000 from duty-free shops at the international airports across the country, a five-time jump from the current limit.
The move follows complaints from the travellers that the limit was low and needed to be revised. They had cited instructions issued late last year by Reserve Bank of India (RBI) that permitted export from and import into India of Indian currency up to an amount not exceeding Rs25,000.
"Passengers can now purchase goods at duty-free shops in Indian rupees up Rs25,000 as against the earlier ceiling of Rs5,000," a senior customs official said citing a recent order by Central Board of Excise and Customs (CBEC) in this regard.
He said that the duty-free shops operators have also been suggested to display the rate of exchange published by the commercial banks for conversion of foreign currency or the rate of exchange notified by the CBEC on a fortnightly basis for import and export of goods.
The senior customs officials in-charge of the airports have been asked to ensure that information relating to the use of Indian currency should be displayed at all the duty-free shops.
Similarly, the websites of duty-free shops or the airports must be kept accurately updated with regard to the facility and limit in use of Indian currency for making purchases, as per the CBEC's order.
The duty-free shops operators have been asked that they display the prices of goods in Indian Rupees at the earliest, it said.