Consumer/Commercial goods bought in India in FOREX - Export baggage allowed as

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....i Subject : Export of Commercial Goods as Baggage - Instructions reg. The undersigned is directed by say that in terms of para 129 of the Exim Policy (1992-97), bonafide personal baggage of a passenger ins permitted to be exported as accompanied or unaccompanied baggage. Instances have, however, been brought to the notice or the Board where passengers, especially passengers leaving for CIS c....

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....llowing export of such goods as passenger's baggage so long as the source of funds for buying these goods is established to be the foreign exchange brought by the passengers on their arrival in India. 3. In view of the facts stated above, the Board is or the view that in the interest of the expeditious passenger clearance and the current liberalisation scenario, such exports through passeng....