Budget 2018: Consumer durables makers seek import duty on imported items

New Delhi: Consumer durables and home appliances makers have asked the government to double custom duty to 20 percent on imported products such as washing machines, refrigerators and air conditioners to encourage domestic manufacturing.

Representational image. AFP.

Representational image. AFP.

The Consumer Electronics and Appliances Manufacturers Association (CEAMA) has also asked to impose custom duty on printed circuit board (PCB) to encourage local manufacturing of smartphones.

"The industry expects an amplification on the BCD on ACE (Appliances and Consumer Electronics) goods such as refrigerators, washing machines and air conditioners from 10 percent to 20 percent to discourage imports of these goods," CEAMA President Manish Sharma said.

"Additionally to encourage the higher value addition the government should impose custom duty on populated PCB's to enhance the local manufacturing of smartphones," he added.

The association also asked for bringing down GST on the ACE goods to 18 percent from the present 28 percent slab to increase their consumption.

"In order to encourage the consumption of these products government should revise the GST rates of ACE products to 18 percent," it said.

It has also sought additional tax relief to the energy-efficient products having a four star rating and above by bringing them below from 12 percent GST slab.

Click here for full coverage of Union Budget 2018.


Updated Date: Jan 31, 2018 12:40 PM

Also Watch

Rethinking pornography: Cyber Sexy author Richa Kaul Padte makes the case for decriminalising porn in India
  • Friday, July 27, 2018 First Day First Showsha — Reviewing Tom Cruise's Mission: Impossible - Fallout in 10 questions
  • Friday, July 27, 2018 It's a Wrap: Karwaan stars Dulquer Salmaan, Mithila Palkar in conversation with Parul Sharma
  • Friday, July 27, 2018 3 alternatives to WhatsApp | What The App
  • Friday, July 27, 2018 Manika Batra interview: Table Tennis star looks back at Commonwealth Games 2018 success, reveals her diet plan and more

Also See