India Withdraws Duty Exemption on Mobile Phone Camera Modules and Connectors, Imposes 10% Basic Customs Duty.
The Government of India has amended Notification No. 25/2005-Customs to withdraw the exemption from Basic Customs Duty (BCD) on camera modules and connectors used in cellular mobile phones, imposing a 10% BCD on them. This amendment, detailed in Notification No. 39/2018, modifies specific entries in the original notification to exclude camera modules and connectors of cellular mobile phones from the exemptions previously granted. The changes are made under the authority of the Customs Act, 1962, and are deemed necessary in the public interest by the Central Government.
Full Summary is availble for active users!
Note: It is a system-generated summary and is for quick
reference only.