Govt waives basic customs duty on key components for electronics manufacturing

Electronic technician holding tweezers and assembling a circuit board.

| Photo Credit:

krystiannawrocki

The government has waived basic customs duty on goods used in manufacture of display assemblies, the lithium ion cell and the inductor coil module as it looks to promote domestic production of electronic devices such as smartphones, laptops, wearables and smart TVs.The Finance Ministry has issued three separate notifications giving effect to the basic customs duty (BCD) waiver on the goods used in manufacture of the three key components used in electronic devices.This exemption is in line with the government's efforts to promote domestic electronics manufacturing under the PLI scheme. The duty waiver would reduce import dependence and strengthen the electronics ecosystem with local production.This exemption would be valid till March 31, 2029, the notifications said.Published on July 9, 2026