There seems to be an impression that prices of Color TV, Audio products, Refrigerators, Washing Machines, Microwave Oven and Air-Conditioners may go down post VAT i.e. from 01/04/2005.
But CETMA (Consumer Electronics & TV Manufacturers Association) has clarified that no such downward revision of prices will be implemented after VAT comes into effect.
But CETMA (Consumer Electronics & TV Manufacturers Association) has clarified that no such downward revision of prices will be implemented after VAT comes into effect.
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