The budget is expected to give Make in India<\/a> a boost through a customs duty<\/a> rejig, but the move could make imported high-end mobile phones<\/a> and electronic goods costlier. Basic customs duty may be imposed on components such as printed circuit boards, camera modules and displays that are allowed duty free entry now. 预算预计将在印度通过增加关税调整,但此举可能使进口高端移动电话和电子产品更昂贵。基本关税可能会对组件(如印刷电路板、相机模块和显示允许免税入境了。
\n
The exercise is part of a broader customs duty revamp in the budget that is expected to also address inverted duty structures—finished goods facing lower duty than the inputs that go into them. With the rollout of the goods and services tax (GST<\/a>) only customs duty remains within the ambit of the central government budget.
\n
\nThe government is keen to make the country a manufacturing site for electronics instead of an assembly hub.
\n
\nOn July 1, the government imposed basic customs duty on mobile phones at the rate of 10% and subsequently raised it to 15% on December 14.
\n
\n\n\t![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
\nTax experts question the effectiveness of such a move with free trade agreements offering customs duty exemption.
\n
“With BCD exemptions available under FTA as well, their impact will also require a separate evaluation on Make in India initiative,” said Rahul Shukla, executive director, indirect tax<\/a>, PwC.
\n
\nET View: Desist from Tariff Hikes<\/strong>
\nHigher tariffs are entirely avoidable. It can lead to spurious value addition behind high tariff walls.
\n
We do need a policy<\/a> to boost manufacturing and made-in-India goods, products and items, but these need to be globally competitive. The way forward is to have reasonable, modest tariff protection so as to have an ecosystem for innovation, along with provision for import competition. In tandem, a package of policy measures to step up technical and financial capacity of producers in the telecom and allied space seems warranted going forward.<\/em><\/span>
\n
\n<\/p><\/body>","next_sibling":[{"msid":62556902,"title":"Bharti Airtel Q3 profit plunges 39.3% to Rs 306 cr, India revenue down 11.3%","entity_type":"ARTICLE","link":"\/news\/airtel-q3-profit-plunges-39-3-to-rs-306-cr-india-revenue-down-11-3\/62556902","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":62563350,"entity_type":"ARTICLE","title":"Duty recast may make imported high-end mobile phones costlier","synopsis":"On July 1, the government imposed basic customs duty on mobile phones at the rate of 10% and subsequently raised it to 15% on December 14.","titleseo":"telecomnews\/duty-recast-may-make-imported-high-end-mobile-phones-costlier","status":"ACTIVE","authors":[{"author_name":"Deepshikha Sikarwar","author_link":"\/author\/19483\/deepshikha-sikarwar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19483.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":19483,"author_name":"Deepshikha Sikarwar","author_seo_name":"deepshikha-sikarwar","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-01-19 07:50:44","lastupd":"2018-01-29 12:56:06","breadcrumbTags":["mobile phones","Customs duty","Budget2018","make in India","Indirect tax","policy","GST"],"secinfo":{"seolocation":"telecomnews\/duty-recast-may-make-imported-high-end-mobile-phones-costlier"}}" data-authors="[" deepshikha sikarwar"]" data-category-name="" data-category_id="" data-date="2018-01-19" data-index="article_1">
锻炼是关税调整预算的一部分,还有望解决责任倒置责任structures-finished商品面临低于输入,进入他们。推出的商品和服务税(销售税)只有关税仍然是中央政府预算的范围内。
该国政府热衷于做一个电子产品生产基地,而不是一个装配中心。
7月1日,政府对手机基本关税以10%的速度在12月14日,随后这一比例提高到15%。
税务专家质疑此举的有效性与自由贸易协定提供海关免税。
”BCD豁免可用在自由贸易协定,其影响也将需要一个单独的评价使印度的倡议,“Rahul Shukla说,执行董事间接税普华永道。
等观点:停止关税上调
高关税是完全可以避免的。它可能会导致出现假值之外的高关税壁垒后面。
我们需要一个政策促进制造业和在印度商品,产品和项目,但这些需要全球竞争力。前进的道路是合理、适度的关税保护,创新生态系统,以及提供进口竞争。在串联,一揽子政策措施,加大技术和资金能力的生产者在电信和盟军的空间看起来是合理的。
The budget is expected to give Make in India<\/a> a boost through a customs duty<\/a> rejig, but the move could make imported high-end mobile phones<\/a> and electronic goods costlier. Basic customs duty may be imposed on components such as printed circuit boards, camera modules and displays that are allowed duty free entry now.
\n
The exercise is part of a broader customs duty revamp in the budget that is expected to also address inverted duty structures—finished goods facing lower duty than the inputs that go into them. With the rollout of the goods and services tax (GST<\/a>) only customs duty remains within the ambit of the central government budget.
\n
\nThe government is keen to make the country a manufacturing site for electronics instead of an assembly hub.
\n
\nOn July 1, the government imposed basic customs duty on mobile phones at the rate of 10% and subsequently raised it to 15% on December 14.
\n
\n\n\t
\nTax experts question the effectiveness of such a move with free trade agreements offering customs duty exemption.
\n
“With BCD exemptions available under FTA as well, their impact will also require a separate evaluation on Make in India initiative,” said Rahul Shukla, executive director, indirect tax<\/a>, PwC.
\n
\nET View: Desist from Tariff Hikes<\/strong>
\nHigher tariffs are entirely avoidable. It can lead to spurious value addition behind high tariff walls.
\n
We do need a policy<\/a> to boost manufacturing and made-in-India goods, products and items, but these need to be globally competitive. The way forward is to have reasonable, modest tariff protection so as to have an ecosystem for innovation, along with provision for import competition. In tandem, a package of policy measures to step up technical and financial capacity of producers in the telecom and allied space seems warranted going forward.<\/em><\/span>
\n
\n<\/p><\/body>","next_sibling":[{"msid":62556902,"title":"Bharti Airtel Q3 profit plunges 39.3% to Rs 306 cr, India revenue down 11.3%","entity_type":"ARTICLE","link":"\/news\/airtel-q3-profit-plunges-39-3-to-rs-306-cr-india-revenue-down-11-3\/62556902","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":62563350,"entity_type":"ARTICLE","title":"Duty recast may make imported high-end mobile phones costlier","synopsis":"On July 1, the government imposed basic customs duty on mobile phones at the rate of 10% and subsequently raised it to 15% on December 14.","titleseo":"telecomnews\/duty-recast-may-make-imported-high-end-mobile-phones-costlier","status":"ACTIVE","authors":[{"author_name":"Deepshikha Sikarwar","author_link":"\/author\/19483\/deepshikha-sikarwar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19483.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":19483,"author_name":"Deepshikha Sikarwar","author_seo_name":"deepshikha-sikarwar","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-01-19 07:50:44","lastupd":"2018-01-29 12:56:06","breadcrumbTags":["mobile phones","Customs duty","Budget2018","make in India","Indirect tax","policy","GST"],"secinfo":{"seolocation":"telecomnews\/duty-recast-may-make-imported-high-end-mobile-phones-costlier"}}" data-news_link="//www.iser-br.com/news/duty-recast-may-make-imported-high-end-mobile-phones-costlier/62563350">
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