Lok Sabha approves hike in basic Customs duty on some imported goods
Basic Customs duty was hiked to 10 per cent on various kinds of printers, facsimile machines, certain types of ink cartridge, etc.
By : DC Correspondent
Update: 2017-08-08 14:16 GMT
New Delhi: The Lok Sabha on Tuesday 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.