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INDIA: 10% Customs Duty Imposed on Imported Mobile Phone PCBs, Camera Modules and Connectors

Basic Customs Duty (BCD) of 10% is now payable on all imported populated printed circuit boards (PCBs), camera modules and connectors for mobile phones.

The move to impose BCD on PCBs and other key smartphone components is seen as a means of restricting their import in order to boost the domestic production of such items in line with the aims of the government’s Make in India initiative.

Content provided by Picture: HKTDC Research
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