Commerce Ministry Wants
Curbs Imposed on Duty-Free Sale of Alcohol, Tobacco Products
There
may be tighter curbs on duty-free shopping at India’s airports if a proposal
from the Commerce and Industry Ministry for Budget 2020-21 to restrict alcohol
and tobacco sales gets accepted.
Per
the proposal sent to the Finance Ministry, the limit on the purchase of foreign
wines and spirits at duty-free shops should be halved to just a single 1-litre
bottle per international traveller arriving at
airports in India. Also, it wants duty-free sale of tobacco to be completely
stopped, according to an official.
The
Revenue Department under the Finance Ministry, however, has not yet given its
approval to the proposal which, if implemented, is likely to be unpopular with air
travellers.
Duty-free
liquor sale, estimated at about $200 million in 2017, could increase to about
$800 million by 2025, according to a report by Bengaluru-based RedSeer Consultant. India’s import duty on alcoholic
beverages is about 150 per cent, while that on tobacco products is about 100
per cent. If duty-free allowance is halved, customers would need to pay high
duties to buy foreign liquor.
No correlation?
However,
industry experts say that curbing duty-free purchases may not automatically
result in higher revenue collection.