Most mobile phones to get costlier unless govt restores local manufacturing sops by July 1

Most mobile phones may get costlier with the government imposing a goods and services tax (GST) of 12%, taking away the benefit under duty differential that was being offered to local manufacturers. Experts said government will have to come up with incentives by July 1 to ensure that Make in India remains an attractive proposition for contract manufacturers like Foxconn . So, under the new GST rat…