Customs Duty on open cell for LED, LCD TV panels reduced to 5%
NEW DELHI, MARCH 24, 2018
In a move to promote domestic manufacturing, the government has decided to reduce customs duty on ‘open cell’ used in the manufacturing of LCD and LED television panels to 5 per cent from the current 10 per cent.
This move is based on request of industry players to reverse the custom duty hike on open cell and other components used in making TV panels.
This will help the government’s Make in India vision and may lead to a developed manufacturing ecosystem in TV production.
https://www.thehindubusinessline.com/info-tech/customs-duty-on-open-cell-for-led-lcd-tv-panels-down-by-5/article23342350.ece
LG India starts open cell manufacturing of TV at Pune plant
Jul 16, 2018
https://economictimes.indiatimes.com/industry/cons-products/electronics/lg-india-starts-open-cell-manufacturing-of-tv-at-pune-plant/articleshow/65012517.cms
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