Pakistan to Lower Color TV Taxes

[2013-02-21 10:05:53]

 
Reported by Pakistani news, Pakistan authority plans to spur domestic color-TV manufacture by tax reliefs.

The tax reliefs under planning include: lowering the import duty of TV LCD/LED screens to 1%, and lowering color-TV sales tax from 16% to 5%.

Reportedly, under serious smuggling of color TVs, the Pakistani officials think that, if a fair competition can be shaped for local manufacturers, the annual output of color TV will likely increase to 700,000 sets from 200,000 within one year.
Source: ETCN
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