India-made goods to be duty-free at airports
The Finance Ministry has notified that Duty-Free-Shops (DFSs) at airports in India will be allowed to sell goods manufactured in India without paying any duty.
Objective:
- To promote ‘Brand India’.
Till now the DFSs located at arrival halls of international airports have been selling duty-free imported goods. Indigenous goods are also sold but not exempted from duty.
How it will benefit?
The move has been made to ensure parity with imported goods as well as in promoting Brand India. Now, a passenger arriving from abroad can buy either duty-free imported goods or duty-free indigenous goods within his overall permissible baggage allowance.
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Month: Current Affairs - May, 2013