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SMARTPHONE IMPORT DUTY
India should now focus on FTA implementation, utilisation by exporters: ExpertsFor India to leverage its Free Trade Agreements effectively, a paradigm shift in strategy is imperative. Experts caution that the disparity...- OnePlus Nord CE 6 review: A balanced android phone done rightThe OnePlus Nord CE 6 arrives as a balanced mid-range smartphone. It features a vibrant 1.5K AMOLED display with a 144Hz refresh rate. User...
- Supreme Court seeks Customs Department's response on Xiaomi's appeal in evasion caseXiaomi faces a Supreme Court challenge against a customs tribunal ruling. The tribunal found the company liable for evading ₹653 crore in c...
- Meity in touch with commerce ministry to find way around Trump tariffsIndia’s electronics ministry is discussing reducing smartphone import duties for the US to avoid reciprocal tariffs. Industry groups suppor...
- Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRIReducing customs duties on smartphone parts may harm India's local component ecosystem, discourage investment, and cause job losses. Curren...
- Budget 2024: Imported phones may become cheaper on 5% customs duty cutThe cost of imported high-end smartphones will come down by 5.0-5.5% if brands pass on the benefit of the reduced customs duty to consumers...
- GTRI urges govt not to cut import duty on smartphone components in BudgetGTRI advises government to maintain current import tariffs on smartphone components to sustain growth in India's manufacturing sector. Expe...
- Govt cuts import duty for components used in making mobile phones to 10%The government announced a reduction in the import duty for components used in the manufacturing of mobile phones. The duty has been slashe...
- Govt should not cut import duties on parts used in making smartphones in Budget: GTRIThe Global Trade Research Initiative (GTRI) advised against reducing import duties on electronic components for smartphones in the upcoming...
- Will 'Make in India' showpiece crash into a roadblock after WTO ruling?Smartphone exports were only Rs 1,300 crore in 2017-18, which then moved up sharply to Rs 11,200 crore in 2018-19, and thereafter to Rs 27,...
- Budget 2023-24: India’s green sector will benefit from the focus on EVsCustoms duty on EVs imported in semi-knocked down form has been increased from 30% to 35% with NIL social welfare surcharge.
- Vivo India to raise localisation level to 40% by 2021The government in the recent past increased import duty on accessories and components of mobile phones like motherboards, panels and touchp...
- Import duty levy may impact smartphone prices, says LGBeginning October 1, the Central government levied 10% basic customs duty on imports of display assembly, touch panel/cover glass assembly,...
- After SE, Made-in-India iPhone 6s set to hit a store near you soonThis mean any further change in import duties will exempt iPhone 6s from price increases the way iPhone SE was insulated when govt raised t...
- Sony to make more smartphones and televisions in IndiaThe company’s parent in Tokyo is in the process of finalising whether to expand third-party manufacturing or set up a plant in India, said ...
- Handset makers brace for new import dutiesThe variety of views came out during the panel discussion on handset and content ecosystem to enable the digital highway, at the ET Telecom...
- Apple supplier Wistron to invest Rs 682 crore to set up new manufacturing facilityThe Taiwanese contract manufacturer will invest a sum of $105 million to develop land and manufacture smartphones as well as IoT and bio-te...
- OnePlus wants customs duty on imported smartphones deferredAdequate time should be given to companies like OnePlus that sell only one model every year because a sudden increase in prices could drive...
- Apple loses edge as government partly rolls back 29% import duty on mobile phone componentsImporters of mobile handset components such as chargers, adapters, batteries and wired headsets now need to pay only the countervailing dut...
- DRI slaps show cause notice on Samsung for alleged import duty evasion of nearly Rs 70 croreDRI) has slapped a show cause notice on South Korean electronics major Samsung for an alleged import duty evasion of nearly Rs 70 crore.
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