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IMPORT DUTY HIKE CAN INCREASE PRICES OF CONSUMER ELECTRONICS

Published On 10 Feb 2021 08:19 AM


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HIGHLIGHTS

  • The import duty on consumer electronics announced in the new budget can increase the prices of consumer electronics.
  • Analyst says that the new hike might impact mobile phone prices, increasing them by ? 400 – ? 500 range.

In the new budget, Finance Minister (FM) Nirmala Sitharaman increased custom duties on some mobile phone parts from nil to 2.5%. Duties on camer....


Tags : mobile devices, mobile phone, smartphone, laptop, tablet, consumer electronics,
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