Customs Duty hiked on TVs, mobiles
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.