The government has notified the scheme to promote manufacturing of electrically operated passenger vehicles (EVs) in India and issued two notifications 19/2024-Customs and 20/2024-Customs both dated March 15, 2024, exempting the social welfare surcharge and reducing the basic customs duty (BCD) to 15 per cent on imports of EVs falling under the heading 8703… Continue reading New electric vehicle scheme links lower import duty with FDI | Expert Views
Tag: import
MeitY officials to meet OEMs on Tuesday over import restriction concerns
Senior officials from the Ministry of Electronics and Information Technology (MeitY) are set to meet with original equipment manufacturers (OEMs) of PCs, tablets, and laptops on Tuesday. The meeting will address concerns over the recent import licensing policy for these products, announced last week. MeitY is anticipated to hold two separate meetings; one… Continue reading MeitY officials to meet OEMs on Tuesday over import restriction concerns
Laptop import curb, Data Protection Bill, markets, GST in gaming
Laptops, tablets and personal computers have joined the list of products that need a license to enter India. While the government did not cite any reason for last week’s surprise move, experts believe it was done to nudge companies to make in India. And it came days after the PLI scheme for hardware failed… Continue reading Laptop import curb, Data Protection Bill, markets, GST in gaming
Three-month relief in import curbs saves festival season for PC makers
Original equipment manufacturers (OEMs) heaved a sigh of relief after the government decided to delay the licensing mandate for the import of personal computers by nearly three months. With this, import restrictions are not expected to dampen PC (including laptops, desktops, notebooks, and workstations) shipments ahead of the upcoming festival season. The licensing… Continue reading Three-month relief in import curbs saves festival season for PC makers
Top News headlines, August 05: Govt defers laptop import curbs, Go First insolvency
LG to launch 13th Gen Intel Core-powered Gram series laptops on June 14 Samsung to unveil 2023 foldables at Galaxy Unpacked in Seoul: Details here Dell XPS laptops with 13th Gen Intel Core processors launched: Details here Samsung Galaxy Book3 Pro: Lightweight laptop lifted by ecosystem benefits Honor to launch MagicBook X 14, MagicBook X… Continue reading Top News headlines, August 05: Govt defers laptop import curbs, Go First insolvency
Import licences, taxing games, and the Ambani way
Import licences were mostly abolished starting 1991, when India ushered in its much-documented economic reforms and liberalisation. Or, so we thought. The story of the week suggests otherwise. Story of the week On Thursday, the government imposed import restrictions on laptops, tablets, personal computers, and other similar data-processing units citing “security risks”.… Continue reading Import licences, taxing games, and the Ambani way
Import curbs & Indian economy, Haryana politics & more
Best of BS Opinion: Unintended consequences, green growth conundrum, & more Best of BS Opinion: Tapping global trade, confirming compliance, and more Best of BS Opinion: Protecting investors, the green wall, and more Best of BS Opinion: Growth instruments, old white males, and more Best of BS Opinion: Indo-Pacific naval strategy, long route for oil,… Continue reading Import curbs & Indian economy, Haryana politics & more
‘Timeline for implementing import restriction on laptops may get extended’
The government is likely to push its order of licensing requirement for imports of laptops, PC and tablets by at least a month, sources said, as officials did fire-fighting after the decision announcement took the industry by surprise. The move is expected to offer a breather to companies, who have been on tenterhooks… Continue reading ‘Timeline for implementing import restriction on laptops may get extended’
Govt defers implementation of laptop, PCs import restrictions to Nov 1
LG to launch 13th Gen Intel Core-powered Gram series laptops on June 14 Dell XPS laptops with 13th Gen Intel Core processors launched: Details here Honor to launch MagicBook X 14, MagicBook X 16 laptops in India on April 21 Asus launches Zenbook S 13 OLED thin-&-lightweight laptop in India: Details Honor MagicBook X 14,… Continue reading Govt defers implementation of laptop, PCs import restrictions to Nov 1
Govt may give 1 month transition period for electronics import restrictions
The government is likely to provide a one-month transition period while implementing the policy to restrict the import of laptops, tablets, and personal computers, announced on Thursday, government officials said on Friday. In a move that took the largest manufacturers of computers, including Dell, HP, and Apple, by surprise, the government on Thursday… Continue reading Govt may give 1 month transition period for electronics import restrictions