Budget 2024: Tariffs, duties & nuisance tax – Here’s what electronics industry wants from FM Nirmala Sitharaman

The electronics industry wants Finance Minister Nirmala Sitharaman to reduce the number of tariff lines and streamline the duty structure for sub-assemblies and input parts, along with removing nuisance tariffs of 2.5% on some parts in the upcoming budget The India Cellular & Electronics Association has demanded that the government consolidate the tariff lines into … Read more