New Delhi: The government has reduced the customs duty on liquid crystal display (LCD) television sets from 10 per cent to 5 per cent, Finance Minister Pranab Mukherjee said on Monday.
Presenting the Union Budget for 2009-10, the minister also said a nominal 5 per cent customs duty has been imposed on set-top boxes (STB) as the production of the devices has picked up in the country.
A set-top box is a device that enables a television set to receive and decode digital television broadcasts.
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#Union Budget 2009 #LCD #televisions #Set-top box #India budget 2009 #Indian budget 2009 #Budget 2009 #Budget 2009 - 2010 #Indian budget
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