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10% customs duty on mobiles, hike on more items likely
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SME Times News Bureau | 18 Dec, 2017
In a bid to protect local
manufacturers, the government has imposed a 10 per cent basic customs
duty (BCD) on cellular mobile phones and specified parts of cell phones
like charger, battery, wire headset, microphone and receiver, key pad
and USB cable from Saturday, an official statement said in New Delhi.
The decision came on the day the government rolled out Goods and Services Tax across the country.
The
BCD of 10 per cent will also be imposed on certain other electronic
goods, the finance ministry statement said without specifying the items.
The
government had constituted Inter Ministerial Committee comprising of
officers from Ministry of Electronics and Information Technology, the
Department of Commerce, Department of Telecommunication and Department
of Revenue to identify electronic, IT, telecom products for customs duty
enhancement on them.
"The present exemption from basic customs
duty on specified parts of mobiles, namely, printed circuit board
assembly (PCBA), camera module, connectors display assembly, touch
panel/ cover glass assembly, vibrator motor/ ringer will continue," the
statement clarified.
"Further, inputs and raw material for
manufacture of parts of above specified electronics goods including
mobile phones will also continue to be exempt from BCD," it added.
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