Home >Politics >Policy >Government raises import duty on some items, including smartphone, TV

New Delhi: The government on Friday hiked import duty on smartphones, television sets, microwave, LED lamps and some other electronic items in a bid to protect domestic manufacturers.

Imported smartphones will cost more with customs duty on them being increased to 15% from nil now, the finance ministry said in a notification. The move will impact telecom companies that were sourcing cheap smartphones to offer bundled services to customers in a bid to capture market.

Customs duty on television sets has been doubled to 20%. LED lamps would now be charged with a 20% import duty, the notification issued on Friday night said. The tax on import of microwave ovens too has been doubled to 20%, the notification said.

Customs duty on video recording equipment as well as TV cameras has been increased to 15% from current 10%. Import duty on set top boxes has been doubled to 20%. Also, customs duty on lamps and lighting fittings including searchlights and chandeliers has been doubled to 20% while the same on electricity meters has been increased from 10% to 15%, the notification said.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Edit Profile
My ReadsRedeem a Gift CardLogout