Tag Archives: Imports

Budget 2018: Customs Duty on Mobile Phone Imports Increased to 20 Percent

The Budget 2018 announcement of increase in custom duty on mobile phone imports was largely expected HIGHLIGHTS In Budget 2018, customs duty on phones raised to 20 percent Apple most likely to be affected as Xiaomi, Samsung mostly make in India This was first introduced in July at 10% and raised in December to 15% In the¬†Union Budget 2018¬†speech, the ... Read More »