Manufacturers seek GST cut to 12% on mobile handset inputs
Indian mobile handset manufacturers have sought a lower 12 per cent GST on the Parts and Accessories universe as per the phased manufacturing programme (PMP) roadmap as against the current 18-28 per cent. „GST applicable on inputs/components/sub-assemblies/accessories of mobile handsets should not be more than that of the GST applicable on the final/end product which…