SME Times News Bureau | 24 May, 2013
In a bid to promote exports, the government Thursday exempted excise
duty on indigenously produced goods sold at duty-free shops (DFS) at
international airports.
"Government issued notification today
(Thursday) so as to allow excise duty-free sale of goods manufactured in
India to international passengers or crew arriving from abroad at the
DFS located in the arrival halls of international airports," the finance
ministry said in a statement.
"Directions have also been issued
to specify the procedure for removal of the goods from the factory of
production without payment of duty to godowns (warehouses) or retail
outlets of DFSs and related matters."
According to the
statement, passengers and crew coming from aboard were earlier entitled
to a duty-free baggage allowance subject to the baggage rules, 1998.
"Now,
a passenger arriving from abroad shall have the choice to buy either
duty-free imported goods or duty-free indigenous goods within his
overall permissible baggage allowance."
