Mobile phone manufacturers seek GST cut to 12 per cent on handset inputs
NEW DELHI: Indian mobile handset manufacturers have sought a lower 12 per cent GST on the Parts and Accessories universe as per the phased manufacturing programme (PMP) roadmap as against the current 18-28 per cent.
“GST applicable on inputs/components/sub-assemblies/accessories of mobile handsets should not be more than that of the GST applicable on the final/end product which is the mobile handset. GST of 12 per cent recommended on the entire list of ‘Parts and Accessories’ Universe as per the PMP roadmap,” the India Cellular and Electronics Association said in its Budget 2020 wishlist.