News
Apple’s Make in India tax demands rejected due to GST, says minister
- Date:
- April 13, 2017
- Source:
- Live Mint
The finance ministry has rejected iPhone maker Apple Inc.’s demand for tax exemptions for setting up a manufacturing unit in India saying that the decision will have to be taken up by the goods and services tax (GST) council. The US-based firm has indicated plans to put up manufacturing lines in India this year. Apple had sought concessions such as duty exemption on manufacturing and repair…