new delhi finance minister arun jaitley while presenting the union budget 2018 on thursday said that the customs duty on mobile phones will be increased to 20 per cent from the existing 15 per cent in a bid to promote make in india and create jobs in the countrypresenting the budget jaitley said he was making a calibrated departure from the usual practice of reduction in customs dutiesjaitley also said customs duty for certain tv parts will also be be raised to 15 per cent most of these parts were previously under the 75 and 10 per cent slabthis is likely to translate into future mobile phone and tv set purchases getting priciercommenting on the decision indian cellular association ica national president pankaj mohindroo told pti that this will be the last nail in the coffin of imports we are reaching a situation where imports would be nearly impossible mohindroo added he said since bulk of mobile phones are manufactured domestically there will be no impact on their prices the exception will be a few brands that are still making phones overseasthere will be no increase in mobile phone prices since 81 per cent of the volume and 845 per cent of value is manufactured in india and we will cross 90 per cent in both terms in 2018 he explained noting that the government seems to be determined to increase value addition in domestic manufacturingvideo game consoles will also attract a customs duty of 20 per cent up from 10 per centas a rationale for the move jaitley said that there is substantial potential for domestic value addition in certain sectors like food processing electronics auto components footwear and furniture read this story in marathiafter the roll out of the gst goods and services tax the finance minister cannot tweak more than a dozen indirect taxes which have been subsumed under the new tax regime customs duty remains the only indirect tax outside the ambit of gstwatch union budget 2018 mobile phones tv prices may go up now