LED TVs set to get cheaper, thanks to import duty cut on open cell panel

NEW DELHI: The import duty that propelled Samsung to stop making LED televisions in the country, has finally been scrapped in the face of rising imports from ASEAN countries.

According to a senior official in the ministry of electronics and information technology, the five per cent duty on open cell LED TV panel, has been a blotch on the Make in India initiative so the government has removed it to encourage domestic manufacturing.