GST Cut on Smartphones Unlikely, 18% Tax May Continue: Industry Sources
The much-awaited GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, began in New Delhi to discuss possible tax cuts across various consumer goods. However, smartphone makers are unlikely to benefit, as industry insiders suggest the 18% GST slab will remain unchanged. Smartphone Industry’s Concern According to sources from leading mobile manufacturers, there is little … Read more