Monday, July 22, 2019

Sale of Apple iPhones and other high-end phones in grey market causing revenue loss of Rs 2,500 crore: ICEA to government

The industry body has suggested imposing a maximum customs duty of Rs 4,000 on handsets priced above Rs 20,000 to discourage duty evasion and wipe out the premium for illegal sales.

from Gadgets Now https://ift.tt/2y4IuSA
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...