Govt considering steps to prevent misuse of gift route to import goods

Posted by Daily Shipping Times on 07-01-2019        Tweet

NEW DELHI : Concerned over the misuse of gift route for duty-free imports, the Government is considering removing the duty exemption for gift items up to Rs. 5,000 or limiting the benefit to a single consignor, an official said.

It is also mulling limiting the maximum number of such consignments to four per person per year, among other steps, the official said. According to experts, some Chinese app-based and e-commerce players are misusing a rule in the foreign trade law of India under which import of products worth up to Rs. 5,000 is permitted as gift and is exempt from customs duties.