• About us
  • Contact us
  • Our team
  • Terms of Service
Thursday, March 12, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt levies 10 pc import duty on key smartphone components

Press Trust of india by Press Trust of india
April 3, 2018
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi, Apr 2:  The government today imposed a 10 per cent duty on import of key smartphone components like camera module and printed circuit board assembly, with a view to boost domestic manufacturing.

Earlier in the Budget 2018-19, the government had hiked customs duty on mobile phones to 20 per cent from 15 per cent.

More News

US’ allies in India are ‘good actors’: White House on 30-day waiver to buy Russian oil

EAM Jaishankar speaks to Russian Foreign Minister Lavrov amid oil supply crunch

No need for panic, normal delivery cycle of 2.5 days maintained: Oil Ministry on LPG bookings

Load More

Minister of State for Finance Shiv Pratap Shukla today tabled notification documents in this regard in the Lok Sabha which seek to “withdraw exemption from basic customs duty (BCD) on printed circuit board assembly, camera module and connectors of cellular mobile phones and impose 10 per cent BCD on them…”.

At present there is zero import duty imposed on the three components.

In another notification, the revenue department has increased the basic import duty on populated, loaded or stuffed printed circuit boards, related to telephones (including mobile phones) from nil to 10 per cent.

India is now the second largest mobile phone producer in the world after China, as per information shared by the Indian Cellular Association (ICA) with Telecom Minister Manoj Sinha and IT Minister Ravi Shankar Prasad.

Government’s flagship ‘Make In India’ programme along with specific incentives are aimed at bolstering domestic manufacturing of IT and electronic products.

According to data shared by the ICA, India accounted for 11 per cent of global mobile production in 2017 compared to 3 per cent in 2014.

India replaced Vietnam to become the second largest producer of mobile phones in 2017.

With the rise in mobile phone production, imports of the devices in the country also reduced to less than half in 2017-18.

The government has already imposed 15 per cent import duty on chargers, battery, headset, speaker, microphone, keypad etc as per phased manufacturing programme (PMP).

The PMP is aimed at boosting indigenous production of mobile phones by providing tax relief and other incentives on components and accessories used for the devices.

Previous Post

Gaza toll reaches 18, Israel rejects excessive force claims

Next Post

Police foil traders march against civilian killings 

Press Trust of india

Press Trust of india

Related Posts

US’ allies in India are ‘good actors’: White House on 30-day waiver to buy Russian oil

Iran Crisis: No immediate oil disruption for India; Russia pivot possible if conflict drags on
March 11, 2026

New York/Washington:  The US "temporarily permitted" India to "accept" Russian oil already on ships to ensure energy supplies amid the...

Read moreDetails

EAM Jaishankar speaks to Russian Foreign Minister Lavrov amid oil supply crunch

Identity of diaspora derived from how closely it is connected to its roots: Jaishankar
March 11, 2026

New Delhi: With the West Asia conflict destabilising energy supplies, External Affairs Minister S Jaishankar on Wednesday spoke to his...

Read moreDetails

No need for panic, normal delivery cycle of 2.5 days maintained: Oil Ministry on LPG bookings

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
March 11, 2026

New Delhi:  Amid the ongoing West Asia conflict, a senior Oil Ministry official on Wednesday said that there is no...

Read moreDetails

India actively promoting Animation, Visual Effects, Gaming, Comics sector: Modi

Pahalgam terror attack: PM Modi steps up diplomatic offensive against Pak
March 10, 2026

New Delhi: Prime Minister Narendra Modi has emphasised that India is actively promoting the Animation, Visual Effects, Gaming and Comics...

Read moreDetails

Exercise authority with humility, restraint: President Murmu to Income Tax officers

President on 2-day J&K visit from Wednesday
March 10, 2026

New Delhi:  President Droupadi Murmu on Tuesday said that tax officers must exercise authority entrusted to them with humility, restraint...

Read moreDetails

Need to accelerate process of linking India’s education sector to real world economy: PM Modi

   PM Modi pitches for ‘swadeshi’ goods
March 9, 2026

New Delhi:  Prime Minister Narendra Modi on Monday called for accelerating the process of linking the country's education sector to...

Read moreDetails
Next Post
Police foil traders march against civilian killings 

Police foil traders march against civilian killings 

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.