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Most mobile phones to be costlier due to 12% GST
Most mobile phones to be costlier due to 12% GST
As government imposes goods & services tax (GST) of 12% & removing benefit under duty differential as was offered to local manufacturers,many mobile phones to be costlier(unless restored by July1),but imported phones to become cheaper.Under its Make in India push,80% of 59 million phones sold in India in Jan-Mar quarter were made locally,up from 65% in 2016 when 265 million phones were phones.
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