Experts believe that this increase in custom duty will have the biggest impact on Apple. Because only 90 percent of Apple’s phones are imported. While all other companies, whether Samsung, Xiomi, One-plus, 90% of all phones are manufactured in India. Although custom duty has been increased only on mobile component, in such a way, importing the phone from outside will make it expensive to assemble phones in India. In such a situation, the phone of your choice after the budget is decided to be expensive. Let’s take a look at which smartest smartphone can fall most.
Union Finance Minister Arun Jaitley presented the budget of 2018-19 on Thursday. In this, custom duty on mobile phones has been increased from 15% to 20%. With this, the customs imported in India will now have a customs duty of 20 per cent. With this, big brands of smartphones like Apple will now be more expensive in India than ever before.