As against the current 18-28 percent GST on parts and accessories, mobile manufacturing makers are expecting a lower 12 percent GST. “GST applicable on inputs/components/sub-assemblies/accessories of mobile handsets should not be more than that of the GST applicable on the final/end product which is the mobile handset. GST of 12 per cent recommended on the entire list of ‘Parts and Accessories’ Universe as per the PMP roadmap,” the India Cellular and Electronics Association said in its Budget 2020 wishlist. The body said that BCD on mobile should continue at 20 per cent, but with a difference. The body has also sought a Rs 1,000 crore fund for creating champion firms.
