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Pre
Budget Expectations
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Power Sector :
* - There is a possibility of freight rates being hiked by 8%-10% in the railway budget. This could have a negative impact on coal prices. Power generation companies could be impacted unless the proposed custom duty on coal is not brought down in the forthcoming budget. |
Telecom Sector :
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ISP providers have demanded a reduction in all types of Internet access devices, which includes set up boxes, cable modems and dial-up, & leased line modems to 5% or lower. Note: 1) Customs duty includes a 10 per cent surcharge levied on the basic customs duty but excludes the CVD of 16% and special additional duty of 4%. 2) Special additional duty is not applicable for import of specified categories of telecom equipment imported by the service providers. * - Applicable for the import of following equipment in 1999-2000: i. For basic services: Wireless in local loop (excluding terminal equipment), HDSL, DLC and SDH systems ii. For cellular mobile services: Switching apparatus, base station controllers, base transceivers stations, network management solutions, etc. (excluding handsets) iii. For paging services: Paging control terminal, transmitter controller, paging transmitter, link transmitter/repeater, etc. iv. For VSAT communications: Equipment (other than customer premises equipment) and network management system During 2000-01, the concessional duties on import by basic service providers, were restricted to only HDSL equipment
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