Cus­toms Duty hiked on TVs, mo­biles

India Business Journal - - NEWS ROUND-UP -

The Fi­nance Min­istry has in­creased the ba­sic Cus­toms Duty on a host of elec­tronic prod­ucts to curb their surg­ing im­ports. The move will also give a boost to the gov­ern­ment's Make In In­dia pro­gramme. The Cus­toms Duty on mo­bile phones has been hiked to 15 per cent. The duty on TV sets and mi­crowaves has been dou­bled to 20 per cent, while the duty on video cam­eras has been hiked to 15 per cent from 10 per cent.

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