DGFT Circular: No, The New Norms Don't Make Your Tech Imports Cheaper

Описание: A circular issued by the Directorate General of Foreign Trade (DGFT) has been making the rounds of the Internet stating that “Consumer electronic items (except hearing aids and lifesaving equipments, apparatus and appliances and parts thereof): Provide that the c.i.f value of goods imported aforesaid at any one time shall not exceed rupees fifty thousand.” Earlier, this limit was a meagre Rs 2000 and if you’re thinking this means you can go on a shopping spree and be exempt from import duty up to Rs 50,000, you’re in for a rude shock.

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