HomeNewsBusinessImported smartphones may get costlier by 5-10% as govt plans to levy customs duty

Imported smartphones may get costlier by 5-10% as govt plans to levy customs duty

The move is aimed at giving teeth to local manufacturing and encourage companies like Apple to make phones in the country. However, this may lead to rise in prices of imported smartphones by 5-10 percent.

April 26, 2017 / 11:42 IST

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first published: Apr 26, 2017 11:39 am

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Imported smartphones may get costlier by 5-10% as govt plans to levy customs duty

The move is aimed at giving teeth to local manufacturing and encourage companies like Apple to make phones in the country. However, this may lead to rise in prices of imported smartphones by 5-10 percent.

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