CBIC clarifies on display assembly of mobile phones for levy of 10% import duty

Representational photo

Representational photo
| Photo Credit: Reuters

The CBIC on June June 7 listed out parts or components, such as touch panel, cover glass, and LED backlight, which constitute the display assembly of a mobile phone and will attract a 10% import duty. It also said components, including the frame, SIM tray, and side keys like power/volume button, when fitted/attached to the display assembly, integrated display assembly can be imported at the concessional 10% customs duty.

In a circular, the Central Board of Indirect Taxes and Customs (CBIC) said currently a concessional basic customs duty (BCD) rate of 10% is imposed on display assembly for use in the manufacture of a cellular mobile phone and a nil BCD rate on inputs or parts for use in the manufacture of a display assembly for use in the manufacture of a cellular mobile phone.

It said certain cases of misdeclaration by importers were intercepted by the Directorate of Revenue Intelligence (DRI) and other field formations and demand notices were issued in certain cases as well.

With the industry facing “interpretational challenges” about the display assembly of cellular mobile phones, a committee constituted with officials from both CBIC and MeitY, recommended a principle that may be used to determine the interpretation of display assembly for extending the concessional BCD rate.

If the display assembly is imported with the items/components, including receiver mesh, speaker net, support frame, and antenna pin, which are fabricated, embedded, fitted or attached to the assembly, the whole integrated assembly should also be treated as a display assembly of a cellular mobile phone, attracting a BCD rate of 10 per cent.

ICEA Chairman Pankaj Mohindroo said this circular is a big relief to the industry and will avoid unnecessary litigation.

Source link

Visited 2 times, 1 visit(s) today

Related Article

United Nations Secretary-General Antonio Guterres speaks during a press conference. (REUTERS)

‘Truth-tellers must be safe’: UN chief warns of ‘unacceptable impunity’ as global press freedom hits 25-year low

UN Secretary-General Antonio Guterres has issued a stark warning on World Press Freedom Day, highlighting the escalating dangers faced by media professionals globally and asserting that without a free press, there can be no peace or human rights. United Nations Secretary-General Antonio Guterres speaks during a press conference. (REUTERS) The UN chief noted that while

3 May 2026
Opinion | Why Hong Kong subsidies should go towards food, not fuel

Opinion | Why Hong Kong subsidies should go towards food, not fuel

Hong Kong should not renew the HK$3 per litre diesel subsidy when it expires at the end of June. Instead, it should use the funds to launch a crash programme to accelerate electrification of public transport, starting with the minibus fleet. The crisis in the Middle East has had a serious impact on fuel prices.

3 May 2026

Jeff Bezos to Beyoncé: What to know ahead of the 2026 Met Gala

Listen to this article Estimated 6 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. One of New York’s hottest events is under pressure this year — not from declining attendance, glamour or budget — but

3 May 2026
Dancers rehearse before an audition for the Radio City Rockettes at Radio City Music Hall in New York, on Wednesday, April 22, 2026. (AP Photo/Yuki Iwamura)

US Secretary of State to Travel to Vatican and Italy, Newspapers Report

ROME, May 3 (Reuters) – U.S. Secretary of State Marco ⁠Rubio ⁠will travel to the Vatican ⁠and Italy for meetings this week, two Italian newspapers reported ​on Sunday, weeks after President Donald Trump drew criticism from Christians across the political spectrum by ‌attacking Pope Leo on social media. Reports ‌in national dailies La Repubblica and Corriere

3 May 2026
Finance chief says Hong Kong on track for strongest quarterly growth in 5 years

Finance chief says Hong Kong on track for strongest quarterly growth in 5 years

Hong Kong is set for its strongest quarterly growth in nearly five years, the city’s finance chief has said, citing a 17 per cent rise in visitor numbers and a 5.2 per cent increase in retail and catering activity. Financial Secretary Paul Chan Mo-po said in his Sunday blog that 602,000 visitors entered Hong Kong

3 May 2026
Table of prices NASDAQ 100 03/05/2026

Weekly Pairs in Focus 3rd to 8th May 2026 (Charts)

NASDAQ 100 The week has been very good to the NASDAQ 100 yet again and as we look forward the question now is whether or not we can continue to break out to the upside. After all, this is a market that I think continues to see a lot of volatility and a lot of

3 May 2026

Cultural, tourism programs enrich China’s May Day holiday travel

Destinations across China have rolled out a variety of cultural and tourism programs for the five-day May Day holiday, which started on Friday, as travelers embrace both short suburban getaways and long-distance trips. In Jiangxi Province, Shangrao has launched a sightseeing train linking scenic destinations including Mount Sanqing and Mount Guifeng, the latter recognized by

3 May 2026
Hong Kong faces hail threat as amber rainstorm warning issued

Hong Kong faces hail threat as amber rainstorm warning issued

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. The Hong Kong Observatory has warned that hail may affect the city shortly, after issuing the amber rainstorm signal on Sunday afternoon. The amber signal was raised at 2.20pm, indicating heavy rain exceeding 30mm

3 May 2026

Is There a Watson Season 2 Episode 21 Release Date & Time?

Many viewers are wondering if there’s a Watson Season 2 Episode 21 release date and time. The popular CBS medical drama had everyone glued to their screens for two seasons. With how Episode 20 ended, fans cannot wait to see what happens next. Unfortunately, there is no good news regarding the show’s future. Here’s what you need to

3 May 2026

Wrexham’s Premier League dream is over for now. So what happens next?

A season to savour for Wrexham, even if that hoped-for shot at a fourth consecutive promotion proved out of reach. Middlesbrough claiming a 2-2 draw in north Wales, coupled with Hull City’s 2-1 win against Norwich City, meant Phil Parkinson’s side just came up short in their quest to qualify for the Championship play-offs. Instead,

3 May 2026

Over 400 Korea-listed firms exceed $679.7 mil. in market capitalization

The KOSPI index is displayed on a screen inside the dealing room of Woori Bank in central Seoul, Thursday. Yonhap The number of Korean-listed companies whose market capitalization surpassed 1 trillion won ($679.7 million) exceeded 400 for the first time this year, following a dramatic pre-Middle East-conflict recovery in the stock market, data showed Sunday.

3 May 2026

Breaking: Nationwide mobile disaster alert test sends emergency siren to millions of phones in India

In a major nationwide technological exercise, the Government of India conducted a large-scale test of its mobile-based disaster alert system, sending emergency siren alerts simultaneously to millions of mobile phones across the country. The initiative is part of an advanced public safety infrastructure aimed at improving real-time communication during emergencies such as natural disasters, industrial

3 May 2026
The Cultural and Creative Industries Development Agency (CCIDA) under the Culture, Sports and Tourism Bureau, and the Hong Kong Film Development Council (FDC) led an industry delegation to participate in the 28th Far East Film Festival (FEFF) in Udine, Italy, held from April 24 to May 2 (Udine time). CCIDA has also organised an array of events during the festival to promote the brand of Hong Kong cinema, and to assist Hong Kong emerging filmmakers to explore markets outside Hong Kong. Photo shows a Hong Kong emerging director attending a post-screening meet-and-greet session to engage with audiences. Source: HKSAR Government Press Releases

Yuen Woo-ping, Hong Kong’s Veteran Director and Acclaimed Action Choreographer Achieved Golden Mulberry Award for Lifetime Achievement

CCIDA and Hong Kong Film Development Council congratulate Yuen Woo-ping on receiving Golden Mulberry Award for Lifetime Achievement The Cultural and Creative Industries Development Agency (CCIDA) under the Culture, Sports and Tourism Bureau, together with the Hong Kong Film Development Council (FDC), led an industry delegation to participate in the 28th Far East Film Festival

3 May 2026

‘SNL’ Weekend Update Mocks Donald Trump’s Passport Move, King Charles’ Visit

Saturday Night Live‘s Weekend Update took on the Trump administration putting the president’s face inside passports, as well as King Charles III and Queen Camilla’s state visit—both of which were meant to mark the 250th anniversary of the Declaration of Independence. The State Department announced this week that a limited number of passports will be

3 May 2026

Barcelona wins at Osasuna and is on the cusp of La Liga title

Barcelona’s Robert Lewandowski celebrates after scoring his side’s opening goal during a Spanish La Liga soccer match between Osasuna and Barcelona in Pamplona, Spain, Saturday, May 2, 2026. Miguel Oses/AP Barcelona’s Robert Lewandowski heads the ball to score his side’s opening goal during a Spanish La Liga soccer match between Osasuna and Barcelona in Pamplona,

3 May 2026
0
Would love your thoughts, please comment.x
()
x