Govt Hikes Custom Duties on Telecom Equipment to Promote Make in India
The Government of India has hiked customs duties on telecom equipment and has also imposed taxes on the printed circuit boards which are used in the manufacturing of the same. Products being imported from other countries like base stations, optical transport equipment, combination of one or more of Packet Optical Transport Product or Switch (POTP or POTS) have been levied with an increased customs duty of 20% in order to... Read More