'We hope the zero duty regime is deferred from 2003 to 2005'
Satish Kaura
Samtel supports the recommendations of the Ministry of Information Technology for
deferring the duty regime from 2003 to 2005 and we hope that these recommendations are
accepted and come through in the coming Budget.
The Information Technology hardware industry has made a very strong request for certain
measures which will allow the local industry to be better prepared for the zero-duty
regime expected in 2005. We hope the government announces the incentive package in this
regard in the coming Budget.
There are some serious duty anomalies in computer monitors, tubes and glass-product
segments. Therefore, there is a strong current need for correcting these anomalies in the
current Budget.
Satish Kaura is chairman and managing director, Samtel Color Limited.
