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PCB CUSTOMS DUTY
PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...- Budget earmarks Rs 1.28 lakh cr for telecom min; BSNL gets lion's share of Rs 82,916 crThe Indian government has proposed a budget allocation of Rs 1.28 lakh crore for telecom projects and public sector firms, with a majority ...
- Telecom infra stocks plunge as govt hikes import duty by 5 pc on telecom gearThe Union Budget 2024-25 increased customs duty on specified telecom equipment to 15%, causing significant stock declines and a 497.22-poin...
- Anti-dumping duty on PCBs hits IT hardware PLI beneficiariesIndia imposed a 30% anti-dumping duty (ADD) on bare PCBs – an essential component in any electronics product – for five years in March on t...
- Govt identifies items for customs exemptions review, seeks industry viewsThe Central Board of Indirect Taxes and Customs (CBIC) last year too had conducted this crowdsourcing exercise to identify the customs duty...
- BIF seeks reversal of hike in import duties on components, PCBAs; writes to DoT, finance ministryEarlier in its letter dated March 1, BIF had called attention to the Budget-related notification, and rued that the telecom industry will b...
- Appliances, consumer electronics industry seeks tax relief, incentives in upcoming BudgetManufacturers of appliances and consumer electronics are seeking lower taxes on eco-friendly and energy-efficient products, more incentives...
- Duty changes on power banks to create Rs 18,000-cr industry by 2025: ManufacturersICEA said more than 250 factories for assembly can come up by 2025.
- India slaps custom duty on lithium ion cells and printed board assemblyGovernment also exempted import of parts, sub-parts, inputs or raw material for use in manufacture of lithium-ion cell from customs duty.
- Government waives import duty on 35 capital goods to boost mobile phone manufacturingThe finance ministry exempted items such as printed circuit board (commonly known as motherboard) coating machine, PCB assembly loader, unl...
- Phone companies including Panasonic, Lava to scale up local productionPCB makes up 40-50% of the cost of making a phone, so a duty on the import of the component will increase prices in the near term, but push...
- Handset makers may invest Rs 6,000 crore for more local inputsTo this effect, the government is expected to levy basic customs duty (BCD) on assembled PCBs from the upcoming financial year, EThad repor...
- Budget 2018: Import duty may be imposed on mobile phone gear from April 1These products are currently imported without any levy. Imported mobile handsets such as the latest iPhones have become costlier after the ...
- Budget 2018: Duty on printed circuit boards for chargers puzzles handset makersImport duty on components such as PCBs and camera modules, besides other components that can be sourced locally, would have a greater impac...
- Handset industry divided over PCB customs duty hikeThe duty proposed in the Budget will prove to be disadvantageous to the industry as it may halt potential inbound component-level investmen...
- Budget 2017: 9 things consumers need to knowSalaried employees, smaller businessmen and professionals paying rent exceeding Rs 50,000 will have to deduct 5 per cent tax at source.
- Prices of mobile phones are set to go upThe move has been undertaken in order to ‘provide adequate protection to domestic industry’, the government said, which will benefit local ...
- Re-impose import duty on phone components: Broadband India ForumBroadband India Forum has asked the telecoms ministry to levy the combined 29 per cent duty on batteries, chargers, wired headsets and popu...
- Budget 2015: Imported mobile, tablets price may go up, local producers gainIn addition to this blanket announcement to reduce corporate tax from 30 per cent to 25 per cent also rejoiced industry players.
- PCB segment holds huge domestic business potentialThe Printed Circuit Board (PCB) segment of the electronics industry holds huge business potential in the Indian market.
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