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Duty Free Tariff Preference (DFTP) is a unilateral non-reciprocal preferential tariff scheme provided by the Government of India for the least developed countries (LDCs). The scheme was officially introduced on 13 August 2008. India was the first developing country to introduce a preferential tariff program for the LDCs. [1] [2]
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
In 1960, American entrepreneurs Charles Feeney [5] and Robert Warren Miller [6] founded Tourists International, which later became Duty Free Shoppers (DFS), in Hong Kong.In 1962, two DFS stores were opened at the international airports in Hong Kong and Honolulu, the first duty-free shop in the United States.
The rules are split into a duty of care which is obligatory regardless of the cause, and cash compensation of between €250 and €600 when the airline has caused the problem. After Brexit, the ...
Haikou International Duty-Free City Shopping Complex, is the world's biggest stand-alone duty-free store in terms of physical size. Located in Haikou, Hainan, China, the buildings have a total area of 280,000 square meters. [1] [2] Aelia Duty Free – a brand of Lagardère Travel Retail. [3] Comturist – a chain of duty-free stores.
On 2 May 2006, the management of Delhi and Mumbai airports were transferred to the private consortia. [34] At the time of ownership transfer, Delhi International Airport Limited (DIAL) was a consortium comprising the GMR Group (54%), Fraport (10%) and Malaysia Airports (10%), [35] whereas the Airports Authority of India held a 26% stake. [36]
Collection of Customs Duty on International Airports, Seaports, Custom Houses, International Air Cargo Stations & International ICD's. Collection of Customs Duty on Land Customs Station, Inland Container Depots (ICD's), Special Economic Zones (SEZ's) & Container Freight Stations (CFS's). Prevention of Smuggling on International Airports & Sea.
EaseMyTrip is an Indian multinational online travel company, headquartered in New Delhi, India.It was founded in 2008 by Nishant Pitti, Rikant Pitti, and Prashant Pitti.The company provides hotel bookings, air tickets, domestic and international holiday packages, bus bookings, and white-label services.