I suppose if you buy something from a foreign country then the money goes into their pockets and not into our own country's.So to deter this from happening the Govt says "If you want to buy something from them....then atleast give us something ..." and thats why they slap a 100+% tax on stuff u import.
Cards etc are still "premium" items here in India, the sales are comparitively very low and hence to gain any sort of "weightable" profit, these dealers sell them at whopping margins ...>> 100% margins
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