DGFT enhances CIF value to Rs. 50k for Import of personal Electronic items

C.I.F. value of Import of consumer electronic items by any person for personal use is enhanced to Rs.50,000: DGFT Notification

The DGFT has notified that C.I.F. value of Import of consumer electronic items at any one time by any person through port or otherwise for personal use is enhanced to Rs.50,000, as under:

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.

DGFT Notification 22/2015-2020 dt. 12 Aug. 2016

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