Govt hikes import duty on certain communication items up to 20%

The government has hiked the import duty on certain communication items, including base stations, to up to 20 per cent as part of efforts to check a widening current account deficit by curbing imports. According to the notification issued by the Central Board of Excise and Customs, the increased duties will be effective from today.  The import duty has also been hiked on certain inputs used in the communication industry like Printer Circuit Board Assembly. Duty has also been raised to 20 per cen...