Tag Archives: Adversely

New Import Rules Adversely Affecting Mobile Manufacturing, Says ICA

Mobile manufacturers have demanded roll back of new import norms that mandate companies to provide bank guarantees for availing duty concessions. They claimed that due to new import rules this fiscal, funds to the tune of Rs. 15,000 crores of mobile companies have been blocked and manufacturing in the country has become very complex. “Mobile companies are estimated to have ... Read More »