Don’t miss the latest developments in business and finance.

Duty cut on STBs to stay

Image
Subhomoy Bhattacharjee New Delhi
Last Updated : Jan 28 2013 | 2:19 AM IST
 Even though the implemetation of the conditional access system (CAS) is in disarray, revenue department officials said it was difficult to revert to the earlier duty structure.

 They said the import schedules for cable operators would be upset if they reverted to the old duty structure. They said the extension would mean that the duty cut would be applicable for the entire fiscal.

 The government had cut the various duty component on set-top boxes from 50.8 per cent to 5 per cent on May 29 this year. Although it was initially till July 31, it was subsequently extended till the end of September.

 

Also Read

First Published: Sep 10 2003 | 12:00 AM IST

Next Story