India losing Rs 2,400 cr from rampant smuggling of high-end phones, industry body tells govt
Business | January 27, 2020 23:31 ISTThe smuggling occurs mostly from Dubai, Singapore, Hong Kong and the US which have zero tax trading or a total duty of maximum 9 per cent, as against India's 32 per cent - 20 per cent BCD and 12 per cent GST