The only change for the electronics goods will be a result of the decrease in the peak Customs duty from 35 per cent to 30 per cent.
The reduction in peak Customs duty from 35 per cent to 30 per cent will provide marginal benefit in terms of products that are imported and sold in the country such as high-end refrigerators, fully automatic washing machines and high-end colour televisions like plasma and LCD tv's.
The reduction in the peak rate of customs duty from 10% to 5% on convergence products like MP3 players, etc should lead to manufacturers passing on this benefit to consumers , thereby improving the affordability of MP3 players .