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It is in the government’s own financial interest to eliminate all import duties for at least the next five years on digital set top boxes for both cable and direct-to-home sectors, the information and broadcasting ministry has argued.
It has made the point as part of a set of proposals to be given to the finance ministry in preparing the Union budget.
There will be a nearly seven-fold increase in the number of DTH and digital cable subscribers, to around 82 million by 2013-14, if the current duty regime is brought to zero for five years, the I&B ministry says, endorsing an argument made by industry bodies. Which would mean a net revenue of around Rs 7,200 crore over that period.
http://www.business-standard.com/india/news/ib-ministry-wants-zero-duty-regimedth-boxes-for-5-yrs/360870/
It has made the point as part of a set of proposals to be given to the finance ministry in preparing the Union budget.
There will be a nearly seven-fold increase in the number of DTH and digital cable subscribers, to around 82 million by 2013-14, if the current duty regime is brought to zero for five years, the I&B ministry says, endorsing an argument made by industry bodies. Which would mean a net revenue of around Rs 7,200 crore over that period.
http://www.business-standard.com/india/news/ib-ministry-wants-zero-duty-regimedth-boxes-for-5-yrs/360870/
