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Duties on key mobile handset parts removed from February 1

The government has deferred the levy of countervailing (CVD) and excise duties on key mobile handset components such as LCD displays, touch panels, and vibrator motors, by at least a year. The display panel accounts for 25-30% of a mobile phone’s production cost and the new duties threatened to increase the cost for handset makers that are locally assembling phones. Samsung told the government it would have to stop manufacturing few models in India and shut down 100 plants already set up for assembly if the deadline was imposed. The notification was scheduled to come into effect from February 1.

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