Representative image 
National

Govt prohibits import of cigarette lighters under Rs 20

CIF value (cost, insurance, and freight) is a trade term used in international commerce to determine the total value of goods being imported.

PTI

NEW DELHI: The government on Thursday prohibited imports of cigarette lighters if the price per unit is less than Rs 20, with a view to discourage inbound shipments of the product.

''The import policy of cigarette lighters...is revised from 'free' to 'prohibited'. However, import shall be free if CIF value is Rs 20 or above per lighter,'' the directorate general of foreign trade (DGFT) said in a notification.

CIF value (cost, insurance, and freight) is a trade term used in international commerce to determine the total value of goods being imported. The prohibition has been imposed on pocket lighters, gas fuelled, non-refillable or refillable. Imports of pocket lighters, gas fuelled, non-refillable stood at USD 0.66 million in 2022-23.

It was USD 0.13 million in April this fiscal. Similarly, the inbound shipments of pocket lighters, gas fuelled, and refillable, stood at USD 8.87 million in 2022-23 against USD 7 million in 2021-22. It was USD 0.96 million in April of this fiscal. These are imported mainly from Spain, Turkey and the UAE.

Kauvery Hospital deploys bike ambulances to speed up emergency response in Chennai

One dead, 17 hurt in lorry-government bus collision on Tiruchy-Chennai NH

Tamil Nadu coordinating with Keralam to bring back mortal remains of rly employee killed in landslide

Projectile strikes tanker as it sails into Strait of Hormuz, and other Mideast developments

Deepika, Rutuja, Navneet score hat-tricks to power India to 17-1 win over Indonesia

SCROLL FOR NEXT