Import restrictions on laptops: The government has put ‘restrictions’ on the import of laptops, tablets, all-in-one personal computers, ultra small form factor (USFF) computers and servers. Let us tell you that this ban on imports has come into force with immediate effect.
Modi Government Decision: The Central Government has now taken a big decision regarding the items related to electronics. The government has ‘curbed’ the import of laptops, tablets, all-in-one personal computers, ultra small form factor (USFF) computers and servers. Let us tell you that this ban on imports has come into force with immediate effect.
What does curbing mean?
Let us tell you that putting the import of a product in the category of curb means that license or permission of the government will be mandatory for their import.
Imports to be reduced from China
According to the information given by the Directorate General of Foreign Trade (DGFT), up to 20 items per consignment will now be exempted from import license for the purpose of research and development, testing, benchmarking and evaluation, repair and return and product development . The purpose of this step is to reduce imports from countries like China.
Notification issued
In the notification issued by the government, it has been said that the import of laptops, tablets, all-in-one personal computers and servers has been put in the category of ‘curb’ with immediate effect.
How much was the import in the June quarter?
In April-June this year, electronics imports, which include laptops, tablets and personal computers, stood at $19.7 billion, up 6.25 per cent year-on-year.
Local manufactures will get a boost
This decision of the central government is expected to reduce imports from countries like China. Along with this, this decision will benefit local manufacturers and such foreign companies, who are continuously producing in the country, promoting local supply and exporting to other countries.
