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Vinnie Mehta, Executive Director, MAIT

Posted on March, Wednesday 01, 2006 By xxx

The imposition of 12 percent excise duty will establish a seamless CENVAT chain for the computer manufacturing industry and will facilitate local sourcing of components such as monitor, motherboard, keyboard, etc. thus promoting indigenous manufacturing.

The imposition of 12 percent excise duty will establish a seamless CENVAT chain for the computer manufacturing industry and will facilitate local sourcing of components such as monitor, motherboard, keyboard, etc. thus promoting indigenous manufacturing. It will also encourage manufacturing of high-end products such as notebooks and servers. Further, the introduction of the Excise duty will have a minimal impact on the computer prices

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