MS Mani, Partner, Deloitte India added, “The customs duty of 5 per cent on open cells used in the manufacturing of LCD panels is lower than other items mentioned in Chapter 8529.

Customs duty of 5 per cent will be imposed from November 12 on the imports of components used in manufacturing of open cell for LED/LCD TV panels. In a notification, the Central Board of Indirect ...

Previously, the BCD on Open Cells was set at 2.5 per cent. During her budget speech on Saturday, Sitharaman also outlined several other changes to the duty structure for various electronic components.

In a bid to boost local manufacturing of open-cell for LED/LCD screens, the government is looking to hike the customs duty for importing these components. Sources told Moneycontrol that the plan ...