With 10% duty on display, phones to cost more

Smartphones and feature phones sold by Samsung, Apple, Vivo, Xiaomi, Oppo and RealMe will cost more as the government has imposed a 10% import duty on display and touch panels. The move is guided by the Atmanirbhar Bharat campaign as efforts to push manufacturing within the country gather pace. The actual impact of the duty comes at 11% due to an additional cess.

from Times of India https://ift.tt/2GlwbsR
https://ift.tt/eA8V8J October 02, 2020 at 09:38AM

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