August 9, 2017 8:24 PM

printer

Parliament adopts resolution on hike in basic customs duty

Parliament today adopted a statutory resolution on increase in basic customs duty to 10 per cent on import of mobile phones, printers and ink cartridges. Finance Minister Arun Jaitley today moved the resolution in the Rajya Sabha. The Lok Sabha had adopted the resolution yesterday.<br/><br/>The government through a notification on 30th of June 2017 had increased the basic customs duty from 'nil' to 10 per cent on various kinds of printers, facsimile machines, certain types of ink cartridges, telephones for cellular networks , base stations, and other items. The increased duty had become applicable from 1st of last month.

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