GST Cut on Smartphones Unlikely, 18% Tax May Stay, Say Industry Sources
Despite growing demands from industry bodies, the 18% GST on smartphones is unlikely to be reduced. Here’s what it means for consumers and manufacturers. No Relief for Smartphone Buyers The much-anticipated two-day GST Council meeting, chaired by Finance Minister Nirmala Sitharaman in New Delhi, has left smartphone manufacturers disappointed. While discussions around rate rationalisation continue, … Read more