Govt restricts import of colour TV sets

Divakar Vijayasarathy, founder and managing partner at consultancy firm DVS Advisors LLP, said: “As there is no ban and only a restriction [is] being imposed, there is a possibility of such imports, however, with prior approval of the Directorate General of Foreign Trade. The procedural aspects of acquiring this permit [licence], however, would be tedious considering the stakes involved. There shall be transition provisions in place for import orders already being given or goods in transit.”