Union Budget 2019: Consumer electronic goods makers seek lower GST on large-screen TVs, air-conditioners and refrigerators
• 6 years agoThe consumer durables industry is of the view that these items are now household necessities and do not come under the luxury goods category anymore
Amazon India say monthly payment plans, installation services boosts large appliance sales during festive period
• 6 years agoAmazon vies with homegrown Flipkart in India’s burgeoning e-commerce market, tipped in a few years to be worth $200 billion annually.
Govt may not further hike import duty on non-essential items; could take other measures to arrest impact of Re slide
• 6 years agoThe government had, effective 27 September, doubled duties on import of 19 items, including air conditioners, household refrigerators and washing machines (less than 10 kg), to 20 percent.
Govt hikes import duty on select communication items to up to 20% to check widening CAD
• 6 years agoThe CAD widened to 2.4 percent of the GDP in the first quarter of 2018-19.
Govt hikes customs duty on 19 items: Import curbs not to have major impact on widening current account deficit
Sindhub • 6 years agoThe move to penalize imports of “non-essential” items may not be enough for India’s external trade woes to be addressed since external factors and rising oil prices are likely to continue to exert pressure
Hike in customs duty may impact festive sales, consumer durable industry; prices of large appliances to go up 3-5%
Fp Staff • 6 years agoGovernment'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
Budget 2018: Consumer durables makers seek import duty on imported items
• 7 years agoConsumer 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.
Budget 2018: Consumer durables, home appliances makers bats for manufacturing incentives
• 7 years agoConsumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty on imports
GST effect: Early Diwali for consumers as retailers offer up to 40% discount on TVs, ACs
Fp Staff • 8 years agoSteep discount offers comes even as the GST Council increased excise credit to 60 percent from 40 percent on the transitional stock during its last meeting on 3 June
Big Billion Day: Flipkart readies 'exchange offer' strategy to drive white goods sales
Fp Staff • 8 years agoBesides product exchange programme, Flipkart also sees its no-cost EMI scheme and low prices to boost its market share in large appliances category