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Parliament adopts resolution on hike in basic customs duty

Press Trust of India  |  New Delhi 

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 resolution was moved in the by Minister today. The yesterday had adopted the resolution on hike in the BCD.

The 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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 09 2017. 19:13 IST