If you’ve been waiting for that bottle of your favourite single malt through a friend arriving after 1st of February 2020, don’t count on it! No, I am not predicting a fallout with your friend, I am predicting a fallout with Duty Free purchased liquor. If the Commerce Ministry’s contemplation is anything to go by, you may not be allowed more than a bottle per passport to purchase from the airport, if the announcement is made. If accepted, Finance Minister Nirmala Sitharaman could announce the restriction during the Union Budget on 1 February.
Though Airports Authorities had something completely different in mind, the government is living up to its unpredictability…. Here’s a low down on Expectation vs Reality….
Airport operators would be quite unhappy with the move (quite?), because they had sought an increase in the liquor-purchase limit to 4 litres from the current 2 litres!
Delhi airport is currently giving a tough competition to duty-free shops in Malaysia, Dubai and Singapore. If travellers are going to buy from other duty-free shops, we are the losers…. Wise words!
The airport operators’ association has proposed doubling baggage allowance to Rs 1 lakh from the current Rs 50,000, which they say will increase foreign exchange earnings.
Reality may be this…..
The Government is going full throttle in changing your Duty Free lifestyle…. Be prepared, peeps! The repercussions? I am not happy to begin with….
- Cigarettes may go off the shelves at airports altogether. (At present India allows 2 litres wine or spirit and 100 cigarettes or 25 cigars or 125 grams Cigarettes/Tobacco).
- The Centre has also suggested to increase import duty on as many as 300 more items, including paper, footwear, rubber items and toys, to promote ‘Make in India’ and to reduce import of non-essential goods.
These recommendations are a part of the proposal made by the Ministry of Commerce for the forthcoming Budget 2020 to reduce import of non-essential goods.
With duty-free spending at Indian airports hitting $1.6 billion by 2021 or Rs 10,600 crore, and of the 17 international airports boasting duty-free outlets, New Delhi’s Indira Gandhi International Airport (IGIA) has pretty much ruled the roost since it houses the country’s largest duty-free retail space, will the restriction be beneficial or otherwise, is one to be seen….
One? only one? Just saying….
=> Budget 2020 will be unveiled by Finance Minister Nirmala Sitharaman on February 1 2020.