New Delhi: Television manufacturers are pushing for a reduction in goods and services tax (GST<\/a>) on TVs sized above 32-inches to 18% from 28% to offset a sharp rise in prices of open cell panels – the costliest part of LED TVs – imported from China. 新德里:电视制造商正在推动减少商品和服务税(销售税)上面的电视尺寸32英寸从18%降至28%,以抵消开路电池面板价格大幅上升——LED电视最贵的部分——从中国进口。
Prices of open cells, which are mostly imported from 4-5 suppliers in China, have shot up by over 35% for TV sizes above 32-inches, leading to about 10% rise in prices of large-sized TVs in India, industry officials said.
“We have been requesting the GST Council<\/a> to streamline the GST rates for TVs from 28% to 18%. We believe this will actually sustain the demand<\/a> and drive affordability,” said Ravi Shankar Chaudhary, secretary general of Consumer Electronics and Appliances Association<\/a> (CEAMA) that represents Indian TV manufacturers.
CEAMA representatives had met finance<\/a> ministry officials in April to ask for a reduction in the GST rates for TVs above 32-inches to bring parity among all screen sizes, and drive affordability of large-sized TVs that is the most popular among urban and semi-urban consumers. The industry said the current GST rate for above 32-inch TVs is the highest globally.
An executive from the TV manufacturing industry said the finance ministry had said a year ago that the GST rates will be brought down to 18% if the industry manages to post a quarterly collection of above Rs 1 lakh crore in GST.
The GST collection has been above Rs 1 lakh crore for the past 8-9 months, but there has been no reduction in rates, the person added.
Open cell is a part of LCD and LED panel without the backlight. India lacks the capacity to manufacture open cells and all open cells are imported at 5% basic customs duty<\/a> from Chinese suppliers such as BOE, Innolux<\/a>, and CSOT, industry executives said.
A CHINESE CARTEL?<\/strong>
Of late, open-cell prices have shot up by over 35% for TV sizes above 32-inches and by around 20% for sizes below that – which, the executives said, is like a cartelised behaviour since the Japanese and Korean companies stopped making open cells.
“As there are no alternative suppliers apart from one country for open cell now, it is a common practice seen at the time when festive demand kicks in to cut production and induce panic demand,” said Avneet Singh Marwah, CEO of Super Plastronics Pvt Ltd, which manufactures TVs for brands such as Thomson, Kodak, and Blaupunkt.
“There is an increase of 35% and more in large size panels (above 32-inches), and a 25% increase in the smaller size segment,” he added.
Arjun Bajaj, director at Videotex that manufactures TVs for Lloyd, Realme, Toshiba, and Hisense, among others, said, “Open cell prices had fallen to $24 for a 32-inch panel, but have now jumped to $37 and are steadily increasing every month.”
Marwah said Super Plastronics has hiked TV prices<\/a> by an average 10% across all sizes to offset the sharp rise in open-cell prices, while others are contemplating the same. He said there may be further price hikes in TVs during the festive season. “4K TVs especially may see a drastic price increase,” he added.
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价格开放的细胞,这大多从4 - 5个供应商在中国,进口上升了超过35%,电视尺寸32英寸以上,导致价格上涨约10%的大型电视在印度,行业官员说。
“我们已经请求销售税委员会电视来提高消费税税率从28%到18%。我们相信这将维持需求和驱动能力,”秘书长Ravi Shankar Chaudhary说消费电子和家电协会(CEAMA)代表印度电视制造商。
电视制造行业的一位高管说,财政部曾表示一年前,消费税利率将降至18%,如果行业管理发布季度收集以上1十万的卢比销售税。
消费税收集一直高于1十万的卢比在过去的8 - 9个月,但并没有降低利率,这个人补充说。
开放的细胞没有背光的LCD和LED面板的一部分。印度缺乏能力制造细胞和所有开放开放进口5%的基本细胞关税从中国供应商,如央行群创CSOT,业内高管表示。
中国卡特尔?
近来,开孔价格飙升逾35%的电视尺寸32英寸以上和20%左右大小低于——高管表示,就像一个cartelised行为自日本和韩国企业停止生产开放的细胞。
”没有替代供应商开放细胞除了一个国家,这是一种常见的做法在节日的时候就足以降低生产和需求诱导恐慌需求,”辛格Avneet Marwah说,超级Plastronics Pvt Ltd .)首席执行官生产电视等品牌汤森,柯达,Blaupunkt。
“有增长35%,在大尺寸面板(32英寸以上),和一个较小的规模增长25%,”他补充道。
Arjun Bajaj,主管可视图文系统生产电视劳埃德,Realme,东芝、海信,等等,说,“开路电池价格已跌至32英寸面板的24美元,但现在已经跃升至37美元,每月都稳步上升。”
Marwah说超级Plastronics徒步电视价格平均10%在所有大小来抵消开孔价格的急剧上升,而另一些则考虑相同。他说可能会有电视在节日期间进一步涨价。“4 k电视尤其是可能会看到大幅涨价,”他补充道。
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New Delhi: Television manufacturers are pushing for a reduction in goods and services tax (GST<\/a>) on TVs sized above 32-inches to 18% from 28% to offset a sharp rise in prices of open cell panels – the costliest part of LED TVs – imported from China.
Prices of open cells, which are mostly imported from 4-5 suppliers in China, have shot up by over 35% for TV sizes above 32-inches, leading to about 10% rise in prices of large-sized TVs in India, industry officials said.
“We have been requesting the GST Council<\/a> to streamline the GST rates for TVs from 28% to 18%. We believe this will actually sustain the demand<\/a> and drive affordability,” said Ravi Shankar Chaudhary, secretary general of Consumer Electronics and Appliances Association<\/a> (CEAMA) that represents Indian TV manufacturers.
CEAMA representatives had met finance<\/a> ministry officials in April to ask for a reduction in the GST rates for TVs above 32-inches to bring parity among all screen sizes, and drive affordability of large-sized TVs that is the most popular among urban and semi-urban consumers. The industry said the current GST rate for above 32-inch TVs is the highest globally.
An executive from the TV manufacturing industry said the finance ministry had said a year ago that the GST rates will be brought down to 18% if the industry manages to post a quarterly collection of above Rs 1 lakh crore in GST.
The GST collection has been above Rs 1 lakh crore for the past 8-9 months, but there has been no reduction in rates, the person added.
Open cell is a part of LCD and LED panel without the backlight. India lacks the capacity to manufacture open cells and all open cells are imported at 5% basic customs duty<\/a> from Chinese suppliers such as BOE, Innolux<\/a>, and CSOT, industry executives said.
A CHINESE CARTEL?<\/strong>
Of late, open-cell prices have shot up by over 35% for TV sizes above 32-inches and by around 20% for sizes below that – which, the executives said, is like a cartelised behaviour since the Japanese and Korean companies stopped making open cells.
“As there are no alternative suppliers apart from one country for open cell now, it is a common practice seen at the time when festive demand kicks in to cut production and induce panic demand,” said Avneet Singh Marwah, CEO of Super Plastronics Pvt Ltd, which manufactures TVs for brands such as Thomson, Kodak, and Blaupunkt.
“There is an increase of 35% and more in large size panels (above 32-inches), and a 25% increase in the smaller size segment,” he added.
Arjun Bajaj, director at Videotex that manufactures TVs for Lloyd, Realme, Toshiba, and Hisense, among others, said, “Open cell prices had fallen to $24 for a 32-inch panel, but have now jumped to $37 and are steadily increasing every month.”
Marwah said Super Plastronics has hiked TV prices<\/a> by an average 10% across all sizes to offset the sharp rise in open-cell prices, while others are contemplating the same. He said there may be further price hikes in TVs during the festive season. “4K TVs especially may see a drastic price increase,” he added.
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