Lok Sabha adopts resolution on hike in basic Customs duty

The Lok Sabha today adopted a statutory resolution on increase in basic Customs duty (BCD) to 10 per cent on import of mobile phones, printers and ink cartridges.
The government through a notification dated June 30 had increased the basic Customs duty from 'nil' to 10 per cent on various kinds of printers, facsimile machines, certain types of ink cartridges, telephones for cellular networks or for other wireless networks, base stations, and other items.
The increased duty became applicable from July 1.
The resolution was moved in the Lok Sabha by Finance Minister Arun Jaitley.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Aug 08 2017 | 7:22 PM IST
