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Set-top box: Concessional duty till Feb 29

K.R. Srivats

New Delhi , Jan. 9

EVEN as the final word is yet to be written on the roll out and implementation of the Conditional Access System (CAS) in Delhi, the Finance Ministry is learnt to have extended up to February 29, the validity of the concessional customs duty rate of 5 per cent on set-top boxes (STBs). The previous extension of the concessional duty rate was effective up to December 31, 2003. The Finance Ministry had in May 2003 reduced the customs duty on STBs from 50.8 per cent to 5 per cent.

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