Mr. Arjun Bajaj, CEO and Founder, Daiwa
Government should not consider TV as a luxury good. It is not luxury but a need in today's world. We hope the government will reduce the GST for bigger sizer to 18% from 28%. Secondly, government should make the open cell duty to zero which is 5% today. Opencell is not made locally in india and is imported. The 5% duty on a product which is not made locally is too heavy and this part accounts for 70% of the product value.
The author is the CEO and founder of Daiwa.
(Published 04 July 2019, 09:35 IST)
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