Govt to impose 5% customs duty on open cell television panel imports from October 1

Govt to impose 5% customs duty on open cell television panel imports from October 1

The government will impose a basic customs duty of 5% on open cell television panel imports from October 1, the Central Board of Indirect Taxes and Customs (CBIC) notified late Wednesday evening. The levy has been implemented despite repeated requests from the industry to defer it. The government aims to foster domestic manufacturing of open … Read more