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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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economictimes.indiatimes.com
Govt extends duty relief for electronics, lithium-ion battery manufacturing till 2029
Customs duty concessions on electronics manufacturing parts are extended until March 2029. This move supports investments in battery cell manufacturing and advanced electronics…
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thehindubusinessline.com
Govt waives basic customs duty on key components for electronics manufacturing
Government waives customs duty on key electronic components to boost domestic manufacturing and reduce import reliance until March 2029.
