Saturday, March 24, 2018

Customs duty on LED, LCD TV panels halved to boost domestic manufacturing

Abhishek Jain, Partner, EY said the lowering of the customs duty rate on open cells used for manufacturing LCD and LED panels from 10 per cent to 5 per cent should boost domestic manufacturing of such panels vis-a-vis direct imports. In Union Budget on February 1, the government had doubled the ...

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