TVs to become cheaper as government reduces customs duty, industry hails decision

Quick Summary:

The customs duty on parts for manufacture of open cells of TV panels has been reduced to 2.5% from 5%.

This change will essentially roll down to customers in the form of more affordable TVs in the coming financial year.

It is claimed that the television prices can come down up to Rs 3,000 on larger screens.

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Article Details

Category: Technology

Markets: India

Topics: Sony India Tpv technology Custom duty on tvs Tv custom duty Union budget

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-01 @ 19:30:44 (1 months ago)

News Timezone: GMT +8:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 5045386

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