The Government may slap customs duty on imported mobile phones after switching to the Goods and Services Tax (GST) regime as it seeks to give a boost to local manufacturing, ward off Chinese imports and induce companies like Apple to make in India. Such a move could increase the price of imported smartphones by 5-10%.
Saturday, April 29, 2017
Buying Smartphones in India Might Become Expensive
The Government may slap customs duty on imported mobile phones after switching to the Goods and Services Tax (GST) regime as it seeks to give a boost to local manufacturing, ward off Chinese imports and induce companies like Apple to make in India. Such a move could increase the price of imported smartphones by 5-10%.
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