1. Import Duty on Key Telecom
Equipment Hiked to 20% from 10% on the Lines of Mobile Phone Duty of 20
percent. Notification 74 dtd 11 Oct, 2018
Department of Revenue hiked the import
duty on eight key items to 20 per cent from 10 percent. The Emergency powers to
bypass Parliament were used for this.
The items are optical transport
equipment, combination of one or more of packet optical transport product or
switch, optical transport network products and IP radios, soft switches and
VoIP equipment, packet transport node products, multi-protocol label switching
transport profile products beside multiple input/multiple output and long term
evolution products.
2.
PCBA assembly as parts of the above 8 items will face basic duty of 10
percent. However, parts of parts for manufacture are exempted. This is also on
the lines of the policy of PCBA for mobile phones which faces a 10 percent
import duty now.
The Centre has also imposed a 10 per
cent import duty on the printed circuit board assembly (PCBA) of the eight
telecom equipment. At present, there is no import duty on the PCBAs.
These, too, come into effect from 12
October.
The notification further said imported
goods shall not be used in the manufacture of the eight items.
If there is any violation, the
manufacturer will be liable to pay an amount equal to the difference between
the duty leviable on the
imported goods but for the exemption under this notification and that already
paid at the time of importation.
[Notification No. 74/2018–Customs dated 11
October, 2018]
WHEREAS the Central Government on being satisfied that the import
duty leviable on goods, falling under Chapter 85 of
the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be
increased and that circumstances exist which render it necessary to take
immediate action.
NOW, therefore, in exercise of the powers conferred by sub-section
(1) of section 8A of the said Customs Tariff Act, the Central Government hereby
directs that the First Schedule to the said Customs Tariff Act shall be amended
in the following manner, namely: -
In the First Schedule to the said Customs Tariff Act, in Section
XVI, in Chapter 85, against tariff items 8517
61 00 and 8517 69 90, for the entry in column (4), the entry “20%” shall be substituted.
2. This notification shall be effective from the 12th October, 2018.
[F.No.354/374/2018-TRU]
Revised Text
|
8517
61 00 |
-- |
Base
stations |
u |
|
20 |
|
18 |
43.960 |
|
|
8517
69 90 |
---- |
Other |
u |
|
20 |
|
18 |
43.960 |
|