Electronics sector seeks tax relief amid rising input costs
Electronics sector seeks tax relief amid rising input costs TV makers are hoping for a tax cut. Now, 18% GST is charged for TVs up to 32 inches, and 28% for those above 32 inches. ISTOCKPremium 2 min read Share Via Read Full Story The electronics industry is expecting finance minister Nirmala Sitharaman to either extend the benefits under the remission of duties and taxes on exported products (RoDTEP) scheme to the sector or announce a cut in goods and services tax in her Budget speech on 1 February. The government launched the RoDTEP scheme, replacing the Merchandise Exports from India Schem...