Good news for importing consumer electronics goods for personal use

Foreign trade policy - enhanced limit from C.I.F Rs 2000 to Rs 50,000 for importing consumer electronics goods through Postal Channel or personal use.

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Notification No. 22/2015-2020 New Delhi, Dated 12 August, 2016 S.O. - In exercise of powers conferred by Section 3 of the Foreign Trade (Development and Regulation) Act, 1992, the Central Government hereby amends Clause 3(1)(i)(h) of Foreign Trade (Exemption from application of Rules in certain cases) order, 1993 as under: Existing provision Amended provision Consumer electronic items (except hearing aids and life-saving equipments, apparatus and appliances and parts thereof): Provided that the c.i.f. value of goods imported as aforesaid at any one time shall not exceed rupees two thousand Consumer electronic items (except hearing aids and life-saving equipments, apparatus and appliances and parts thereof): Provided that the c.i.f. value of goods imported as aforesaid at any one time shall not exceed rupees fifty thousand Effect of the notification: C.I.F. value of import of consumer electronic items at any one time by any person through post or otherwise for personal use is enhanced to Rs. 50,000. (Anup Wadhawan) Director General of Foreign Trade E-mail: dgft[at]nic[dot]in Issued from F. No. 01/93/180/16/AM-16/PC-2(B)

Good news for importing consumer electronics goods for personal use

Foreign trade policy - enhanced limit from C.I.F Rs 2000 to Rs 50,000 for importing consumer electronics goods through Postal Channel or personal use.

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Notification No. 22/2015-2020 New Delhi, Dated 12 August, 2016 S.O. - In exercise of powers conferred by Section 3 of the Foreign Trade (Development and Regulation) Act, 1992, the Central Government hereby amends Clause 3(1)(i)(h) of Foreign Trade (Exemption from application of Rules in certain cases) order, 1993 as under: Existing provision Amended provision Consumer electronic items (except hearing aids and life-saving equipments, apparatus and appliances and parts thereof): Provided that the c.i.f. value of goods imported as aforesaid at any one time shall not exceed rupees two thousand Consumer electronic items (except hearing aids and life-saving equipments, apparatus and appliances and parts thereof): Provided that the c.i.f. value of goods imported as aforesaid at any one time shall not exceed rupees fifty thousand Effect of the notification: C.I.F. value of import of consumer electronic items at any one time by any person through post or otherwise for personal use is enhanced to Rs. 50,000. (Anup Wadhawan) Director General of Foreign Trade E-mail: dgft[at]nic[dot]in Issued from F. No. 01/93/180/16/AM-16/PC-2(B)