Post November 1, no entity will probably be allowed to import laptops, computer systems, and associated objects with no license.
According to reviews, some 44 firms, together with some main world gamers, have submitted purposes for incentives beneath the production-linked incentive (PLI) 2.0 scheme for {hardware}.
Top client electronics firms like HP, Apple and Dell have urged the federal government to increase the November 1 deadline for the licences required for PCs, laptops and tablets by at the very least and 12 months, as it should take time to configure and arrange manufacturing/assembling items as per new tips.
In a gathering with the Ministry of Electronics and Information Technology (MeitY) officers on Tuesday, additionally attended by main trade our bodies the Manufacturing Association of IT Hardware (MAIT) and the India Cellular and Electronics Association (ICEA), the tech firms conveyed to the federal government they want extra time to arrange manufacturing items within the nation, in keeping with sources.
According to reviews, some 44 firms, together with some main world gamers, have submitted purposes for incentives beneath the production-linked incentive (PLI) 2.0 scheme for {hardware}.
According to the notification by the Directorate General of Foreign Trade (DGFT), for clearance of import consignments with impact from November 1, 2023, a legitimate licence for restricted imports is required.
The authorities has instructed tech firms that the restrictions are to not ban imports however to advertise exports through home manufacturing, in keeping with trade representatives who attended the assembly.
The Economic Times was first to report on the event.
The Central authorities earlier deferred its choice to limit the import of sure classes of laptops and computer systems till November 1, permitting firms three-months time to import these units.
Post November 1, no entity will probably be allowed to import laptops, computer systems, and associated objects with no license.
“Import consignments may be cleared until October 31, 2023, with no licence for restricted imports,” the notification said, adding that liberal transitional arrangements will be notified for the import of laptops, tablets, all-in-one personal computers, and servers till October 31.
This is a partial reversal from its August 3 order, which had imposed import restrictions on these devices with immediate effect.
The Centre has said the restrictions were imposed for security reasons and also for promoting the ‘Atmanirbhar Bharat’ mission.
(This story has been edited by News18 staff and is published from a syndicated news agency feed – IANS)
Source web site: www.news18.com
