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India scraps 5% import tax on open cell panels, TV makers to benefit
short by Krishna Veera Vanamali / on Wednesday, 18 September, 2019
India has scrapped a 5% import tax on open cell TV panels, used to make television displays. Samsung Electronics shut its TV production unit in India last year and moved production to Vietnam because of the tax. The decision will provide relief to TV manufacturers, which have been hit by cheap imports from Vietnam, Panasonic India CEO Manish Sharma said.
read more at Reuters