Key Points
India imported $10.08 billion worth if these products in FY23 of which $5.3 billion came from China, $1.7 billion from Singapore and $896 million from Hong Kong...
In a notification, the Directorate General of Foreign Trade (DGFT) said that exemption from import licencing is provided up to 20 items per consignment for R&D, Testing, Benchmarking and Evaluation, Repair and return, Product Development purposes, re-import of such items repaired abroad, and where the item is an essential part of a capital good...
Import of laptops, tablets, all-in-one personal computers, and ultra small form factor computers, servers...is 'Restricted' with immediate effect, DGFT said...
The government said the import licensing requirement is exempted for purchase of a single unit of laptop, tablet, all-in-one PCs or ultra small form factor computer, including in cases an unit is bought from online sites..
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