Consumer Durable

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Hike in customs duty may impact festive sales, consumer durable industry; prices of large appliances to go up 3-5%
Business

Hike in customs duty may impact festive sales, consumer durable industry; prices of large appliances to go up 3-5%

Government's decision to double the basic customs duty on ACs, refrigerators and washing machines to 20 percent from the existing 10 percent would encourage domestic manufacturing