The government's move to exempt equipment used in water and snow sports such as surf boats, snow skis and inflatable rafts from customs duty is expected to bring prices for rafting and skiing down by 15-20% and boost adventure tourism in the country. The number of adventure tourists have continued to grow in the last few months in spite of economic slowdown.
"Initially there was 30-35% custom duty on water sports and ski equipment. The government's move to give a complete waiver from customs duty would bring down our cost of operation by about 15%. This will definitely be passed on to tourists," Adventure Tour Operators Association of India (ATOAI) president Tejvir Singh Anand said.
The tourism ministry was pitching for removal of import duty on adventure sports related equipment in the Union budget announced on Monday
Friday, July 10, 2009
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