Import duty of 5% imposed on key component used in TV manufacturing from October 1

The government had last year exempted customs duty on open cells for a year till September 30 as the domestic industry had sought time to build capacity.
Customs duty of 5% has been imposed on import of a key component used in manufacturing of LED/LCD TVs from October 1.
Till last year, televisions worth Rs.7,000 crore were being imported. Television import has also been put on the restricted category with effect from July-end this year.