Budget 2017: Appliances and consumer electronics industry seeks doubling of customs duty to thwart imports
The appliances and consumer electronics industry has asked the Finance Minister to double the basic customs duty to 20 per cent for the sector in the upcoming Budget to boost local manufacturing and discourage imports.
Jan 16, 2017, 20:55 PM IST
'Tax structure, lack of incentives impacting electronics manufacturing'
Inverted duty structure and lack of incentives are impacting the manufacturing of consumer electronics and appliances in the country, CEAMA has said.
Jun 28, 2015, 12:13 PM IST
Heatwave spurs AC sales after a slow start of summer
The market was affected as over all 50 percent of sales comes from the Northern region. In April the growth was in single digit but in May volume growth was up to 20 percent.
May 31, 2015, 11:08 AM IST
Durables makers want reduced excise duty beyond Dec 31
Consumer durables industry wants the government to extend the reduced excise duty beyond December 31, stating a higher tax could lead to increased product prices that may affect already sluggish sales.
Dec 28, 2014, 14:37 PM IST
Budget 2014: Consumer durables makers seek cut in duties
Ahead of the annual budget to be announced next month, the Consumer Electronics and Manufacturing Association (CEAMA) has asked the government to take steps such as reduction in customs and excise duties on consumer durable products and rapid implementation of GST.
Jun 10, 2014, 19:14 PM IST
