Smartphone Display Assembly With Parts Fitted to Attract 15 Percent Import Duty, CBIC Says

The Central Board of Indirect Taxes and Customs (CBIC) has said that import of mobile phone display assembly, which are fitted with items like speakers, SIM tray and power key, will attract a 15 per cent basic customs duty (BCD). Such assembly, consisting of display assembly and any other parts, is not eligible for the benefit of concessional rate of 10 per cent BCD, ...