"We emphasise in case of small tariffs, the traditional understanding of tariffs as protecting domestic industry fails. We request particular attention to parts of PCBA (printed circuit board assembly), connectors, and particularly camera modules," it said. To increase localisation of manufacturing, the association has recommended removal or a reduction in smaller "nuisance" tariffs of 2.75% on input components.from Tax-Wealth-Economic Times https://ift.tt/UEW5NfQ
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