GSTnews item15 December 2017

Customs duty on colour TVs, phones, microwave ovens hiked

News Update

Customs duty on colour TVs, phones, microwave ovens hiked

Published Date: Dec 16, 2017
Source: ICAI PD Committee
To curb surging imports of electronic items such as mobile phones and TV sets, the Finance Ministry on Friday increased the basic Customs duty on a host of products, which makes them more expensive. The move will also give a boost to the ‘Make in India’ programme. According to the notification, 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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