Government slashes import duty on mobile phone components
Guwahati: To give a boost to the “Make-in-India” initiative the Central government has reduced the import duty for components used in the manufacture of mobile phones from 15 per cent to 10 per cent.
According to a report by Reuters, the announcement of a reduction in the import duty for components used in the manufacture of mobile phones was made by the Government of India on Tuesday.
The decision aims to boost exports from Asia’s third-largest economy.
The components on which the import duty has been cut to 10 per cent include the battery cover, front cover, middle cover, main lens, back cover, GSM Antenna/Antenna of any technology, PU case/sealing gasket and other articles of polyurethane foam like sealing gaskets/case, sealing gaskets/cases from PE, PP, EPS, PC and all other individual polymers or combination/combinations of polymers, SIM socket, screw, other mechanical items of plastic and other mechanical items of metal.
Presently the import duties on mobile phone components, such as camera modules and chargers, which the industry was seeking cuts, ranged from 2.5 per cent to 20 per cent, the report quoted India Cellular and Electronics Association (ICEA) as saying.