The Lok Sabha adopted a statutory resolution to hike basic Customs duty on import of phones, printers and ink cartridges.
The Lok Sabha on Tuesday adopted a statutory resolution on increase in basic Customs duty (BCD) to 10 per cent on import of mobile phones, printers and ink cartridges.
New Delhi: The Lok Sabha on Tuesday adopted a statutory resolution on increase in basic Customs duty (BCD) to 10 per cent on import of mobile phones, printers and ink cartridges.
The government through a notification dated June 30 had increased the basic Customs duty from 'nil' to 10 per cent on various kinds of printers, facsimile machines, certain types of ink cartridges, telephones for cellular networks or for other wireless networks, base stations, and other items.
The increased duty became applicable from July 1. The resolution was moved in the Lok Sabha by Finance Minister Arun Jaitley.
( Source : PTI )
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