wordpress blog stats
Connect with us

Hi, what are you looking for?

Duties on import of mobile phone components reduced

The Central Board of Excise and Customs (CBEC) has issued a notification amending the import duty on mobile phone components like chargers, batteries and wired headsets, down to 12.5%. The import duty was increased during the Budget 2016-17 to 29.44% to include 10% custom duty, 12.5% countervailing duty and 4% special attention duty. Importers will now only have to pay the 12.5% countervailing duty, as the other duties have been revoked. Other parts or components used in the manufacture of broadband modems, routers, set top boxes for internet access, lithium-ion batteries for other than mobile handsets, digital video recorders, network video recorders and CCTV cameras will also benefit from reduced duty. This move should help manufacturers assembling complete sets in India keep their costs down. Currently, a completely packaged phone (accessories et al.) faces a 12% duty to import, for…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ