- August 5, 2023
- Posted by: admin
- Category: Daily News
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- India has imposed import restrictions on certain electronic goods with immediate effect, and importers of these items would now require a valid license for restricted import items from the government for their inbound shipments.
- According to a Directorate General of Foreign Trade notification, this would impact the import of laptops, tablets, all-in-one personal computers and ultrasmall form factor computers and servers, barring exceptions made for certain specific cases.
- The move is seen as attempting to address the “trade imbalance” with China, which currently is the source of over half of the computing device imports.
- The measures will be implemented in three months after a surprise announcement of immediate implementation.
External Link : https://www.bqprime.com/business/import-restriction-on-laptops-tablets-to-boost-domestic-manufacturing-say-experts
5-Aug-2023