Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Mobile handset import duty likely to stay at 20 pc in budget

IANS
Updated: December 15th, 2019, 09:59 IST
in Business
0
Representational image

Representational image

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The government is unlikely to increase the basic customs duty on import of mobile handsets from 20 per cent in the upcoming budget, according to official sources. No proposal was under consideration to increase duty, said the sources.

The import of mobile phones (push button types) decreased to $400 million in 2018-19 from $935 million in 2019-18. Smartphone imports have also fallen from $2,602 million in 2017-18 to $1,216 million in 2018-19.

Also Read

BSE, NSE, Sensex, Nifty, Stock market

Stock markets end lower on foreign fund outflows, selling in blue-chips

6 hours ago
Friedrich Merz, India, Germany,

German Chancellor Friedrich Merz departs after concluding India visit

7 hours ago

The production of mobile handsets has gone up from Rs 18,900 crore (six crore units) in 2014-15 to Rs 1,70,000 crore (29 crore units) in 2018-19, as per the commerce ministry figures.

Almost all foreign mobile phone makers — Vivo, Oppo, Nokia, Samsung and Xiaomi — have set up units in India and are manufacturing handsets and not just assembling.

According to Telecom Minister Ravi Shankar Prasad, Apple Inc, world’s largest and most advanced telecom tech firm, has started making its latest iPhone XR in India and is also expanding operations.

In the budget 2018-19, the basic customs duty was increased from 15 per cent to 20 per cent on cellular handsets.

Handset makers three years ago had suggested imposition of duties to thwart imports of electronic products, beginning from mobile phones to its components to help build local capacities to generate volumes and exports.

The government thus imposed basic customs duty of up to 15 per cent on imports of more than half a dozen components and 20 per cent duty on fully-made phones.

In the last few years, the tariff structure has been rationalised to promote domestic manufacturing of electronic goods, including cellular handsets. Specified capital goods for the manufacture of mobile handsets are permitted for import at the zero duty.

To promote domestic value addition in mobile handsets and their sub-assemblies/parts manufacturing, a phased manufacturing programme was notified. As a result, India rapidly started attracting investments into this sector and significant manufacturing capacities have been created during the past four years.

The government has permitted 100 per cent FDI for the manufacture of mobile handsets and their sub-assemblies/parts. The manufacturing of handsets and their parts/components has been steadily moving from semi-knocked down to completely knock down level, thus increasing the domestic value-addition.

(IANS)

Tags: BudgetImportmobile
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019

Archives

Editorial

Political Rot

Political
January 13, 2026

In politics, especially in India, an axiomatic truth is that there is no permanent enemy or permanent friend. Hence, it...

Read moreDetails

Dhurandhar to Present

NSA Ajit Doval
January 12, 2026

National Security Advisor Ajit Doval has called for India to strengthen itself not only along its borders but across all...

Read moreDetails

Self-Sabotage

January 11, 2026

By Aakar Patel There is much to admire about America, and quite a lot to dislike. The thing to admire...

Read moreDetails

Policy Paralysis

Silent Shift
January 10, 2026

By Dilip Cherian Forget the slogans. The story isn’t about “opening the doors” to experts so much as about how...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST