Basic customs duty waiver on key electronic parts will deepen value chain, says IT Secretary

The government has waived basic customs duty on key electronics manufacturing components. This move aims to deepen the value chain and stimulate the domestic component industry. Display assemblies, lithium-ion cells, and inductor coil modules are among the items receiving duty waivers. These notifications were issued by the Ministry of Finance following industry requests. The IT Secretary stated this change will significantly boost the electronics sector.

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