Phone by Xiaomi, Samsung, Apple and others to become expensive due to custom duty hike
India TodayIndia Cellular and Electronics Association on Friday said that the Indian government has put a 10 per cent import duty on smartphones' display and touch panel. With the new 10 per cent custom duty, the smartphones will certainly become costlier for the consumers as most of the displays and touch panels are imported. With the 10 per cent custom duty which leads to increased prices of the phones, the government in a way has asked Indian companies to manufacture smartphone components within the country to discourage imports. Under the Phased Manufacturing Programme for cellular mobile handsets announced in 2016, the government initially imposed 15 per cent custom duty on: Charger and Adapters, Battery Packs and Wired Headsets. Earlier finance minister Nirmala Sitharaman had said, "Under Make in India initiative, well laid out customs duty rates were pre-announced for items like mobile phones, electric vehicles and their components.
History of this topic
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