Key Points
The government has slashed import duties on mobile phone parts from 15% to 10% in a bid to make India more competitive in mobile phone manufacturing and remove interpretational issues...
Mobile phone parts including mechanical and plastic input parts such as the SIM socket, battery cover, main cover, screws, GSM antennae from 15% to 10%...
Further, duties on display assembly parts of LCD panels have been rationalised to 10%...
The development comes after industry association India Cellular and Electronics Association (ICEA) submitted a report comparing import duties between India, China, Vietnam and other countries, highlighting a steep cost disability due to high tariffs on input parts...
You might be interested in
India cuts import duty for mobile phone components to 10%
31, Jan, 24India has reduced import duties on some parts used in the manufacture of mobile phones from 15% to 10%, helping companies such as Apple and Xiaomi tha
Reduce duty on mobile phone parts: ICEA
10, Jan, 24The mobile phone industry association has urged the government ahead of the interim budget to have just three import tax slabs of 0%, 5% and 10%, down from seven, so as to simplify tariff applicability and reduce potential litigations