Indian Government Crackdowns Import Of Chinese Goods As Gifts
To jog your memory, until now, under the Foreign Trade Policy, 2015-2020, the government allowed the import of goods up to INR 5000 as gifts. Although this provision was offered to facilitate consumers to receive gifts from other countries, certain e-commerce companies, over the past few years, have been found misusing it to evade import duty. One such instance, which came into light this year, was in Mumbai, where the customs department seized 500 packages of customers from the Chinese e-commerce platform Shein and Club Factory....