News
GST impact: Government may slap customs duty on imported mobile phones
- Date:
- April 26, 2017
- Source:
- Economic Times
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, however, increase the price of imported smartphones by 5-10%. The ministry of electronics and informat…