Tuesday, February 23, 2010

CWG: Import duty waived for broadcast equipment

Import duty has been removed on all broadcast equipment to be imported by Prasar Bharati for the Commonwealth Games later this year.

Sources in the Finance Ministry said a notification being issued by the Department of Revenue will also cover similar exemption
for all sports goods and equipment, including fitness items.

The exemption will also be extended to arms and ammunition for shooting events and doping control equipment.Prasar Bharati is to telecast the Games in High Definition Television which will mean huge expenditure on imported equipment.

A provision of Rs 1.55 billion has been made in the Plan Allocation for the Commonwealth Games slated for late next year and programmes related to it to be undertaken by the Information and Broadcasting Ministry and its media units.

No comments:


back to top