Importing TV(LED, LCD, Plasma) is no more a cheaper solution while coming from abroad as Govt. is very proactive on recession which is causing economy slowdown in country. Looks like government wants to restrict import of TV as when you pay same cost as in India then you will never try to bring them from abroad.
Important notification on airport, please check this image to know what I am talking about.
Do you want to pay 36% custom duty to get your favourite TV home? What you save that you pay to Government so no more saving deal.