Industry Demands Reduction in GST on Mobile Phones to 12%& on Parts & Components to 5%:ICEA

Need of rationalisation in GST sphere Adversely impact retail sector and consumer confidence Increased GST to be a deterrent to the ‘Digital India’ initiative Chennai: India Cellular & Electronics Association (ICEA) and EY are happy to release the report ‘A consequential GST step: Boon or Bane for Mobile Handset Industry?’. The report underlines the importance of mobile phones in the current e…