The government will not be able to extend tax and duty related concessions to iPhone maker Apple under the new indirect tax regime as the effort is to promote Make in India and not imports, an official source said. (File Photo) The government will not be able to extend tax and duty related concessions to iPhone maker Apple under the new indirect tax regime as the effort is to promote Make in India and not imports, an official source said. (File Photo)The government will not be able to extend tax and duty related concessions to iPhone maker Apple under the new indirect tax regime as the effort is to promote Make in India and not imports, an official source said. “With the Goods and Services Tax (GST) in place, giving separate exemptions to anyone is not possible,” the government source said. Cupertino-based iPhone and iPad manufacturer Apple has sought certain concessions for setting up manufacturing unit in India.

Source: Indian Express October 11, 2017 05:42 UTC