Govt scraps 5% import duty on open cell TV panel
Wednesday, September 18, 2019, 4:47 PM
In a bid to boost domestic manufacturing, the government has removed 5% custom duty imposed on import of open cell TV panel, which are used in the manufacturing of LED TVs. The move would also help to reduce the price of TV panel by around 3%. Earlier, on June-30, 2017, the government had imposed a custom duty of 5% on import of such panel.