The IT manufacturing industry is glad that anomalies of inverted excise tariff structure for the computer manufacturing industry has been addressed. The imposition of 12 per cent excise duty will establish a CENVAT chain for the computer manufacturing industry and will facilitate local sourcing of components like monitor, motherboard and keyboards among others.  -   Vinnie Mehta     Quotes
The IT manufacturing industry is glad that anomalies of inverted excise tariff structure for the computer manufacturing industry has been addressed. The imposition of 12 per cent excise duty will establish a CENVAT chain for the computer manufacturing industry and will facilitate local sourcing of components like monitor, motherboard and keyboards among others. Vinnie Mehta