New Delhi: The government may tweak customs duties<\/a> in the Budget<\/a> next week on several goods, including furniture raw materials, copper scrap, certain chemicals, telecom equipment and rubber products, to promote domestic manufacturing<\/a> and exports, sources said. 他们说,虽然进口关税可以调整切割和抛光钻石等20多个产品,橡胶制品,皮革服装,电信设备和地毯,关税可以删除选择的原材料(像在粗糙的木头,天鹅木头和纤维板)用于家具制造业和铜精矿。 新德里:政府可能会调整关税在预算下周几件商品,包括家具原材料,废铜,某些化学物质,电信设备和橡胶产品,促进国内制造业和出口,消息人士称。
They said that while import duties could be tweaked on over 20 products such as cut and polished diamonds, rubber goods, leather garments, telecom equipment and carpet, the customs duties<\/a> could be removed on select raw materials (like wood in rough, swan wood and hard board) used for furniture manufacturing and copper concentrate.
\"Expensive raw materials impact India's price competitiveness in the international market. The country's exports of furniture is very low (about one per cent), while countries like China and Vietnam are major players in the sector,\" they added.
The government may also consider reducing customs duties on coal tar pitch, and copper scrap, while raising the levies on certain finished goods like refrigerator, washing machine and clothes dryer, one of the sources said.
The government is already taking steps to boost domestic manufacturing<\/a> such as introduction of production-linked incentives scheme (PLI<\/a>) for several sectors including air conditioners and LED lights.
Finance Minister Nirmala Sitharaman will unveil the Budget<\/a> 2021-22 on February 1.
\"Tweaking of duties on these goods would help promote self-reliant India campaign and boost domestic manufacturing,\" they added.
Last year, the government increased import taxes on several products such as furniture, toys, and footwear.<\/p><\/body>","next_sibling":[{"msid":80447629,"title":"Chinese smartphone cos find going tough in fintech space","entity_type":"ARTICLE","link":"\/news\/chinese-smartphone-cos-find-going-tough-in-fintech-space\/80447629","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":80447913,"entity_type":"ARTICLE","title":"Government may tweak customs duties on host of goods, including telecom equipment, in Budget 2021","synopsis":"They said that while import duties could be tweaked on over 20 products such as cut and polished diamonds, rubber goods, leather garments, telecom equipment and carpet, the customs duties could be removed on select raw materials (like wood in rough, swan wood and hard board) used for furniture manufacturing and copper concentrate.","titleseo":"telecomnews\/govt-may-tweak-customs-duties-on-host-of-goods-including-telecom-equipment-in-budget-2021","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":460,"shares":0,"engagementtimems":1703000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2021-01-25 15:15:48","lastupd":"2021-01-25 15:18:25","breadcrumbTags":["budget 2021","customs duty on telecom equipment","domestic manufacturing","telecom gear","customs duties","Union Budget 2021","PLI","policy","budget"],"secinfo":{"seolocation":"telecomnews\/govt-may-tweak-customs-duties-on-host-of-goods-including-telecom-equipment-in-budget-2021"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-01-25" data-index="article_1">
政府可能会调整关税的货物,包括电信设备,2021年预算
他们说,虽然进口关税可以调整切割和抛光钻石等20多个产品,橡胶制品,皮革服装,电信设备和地毯关税可以删除选择的原材料(如木材在粗糙,天鹅木头和纤维板)用于家具制造业和铜精矿。
“昂贵的原材料影响印度在国际市场上的价格竞争力。该国的出口家具很低(约百分之一),而中国和越南这样的国家行业的主要参与者,”他们补充说。
政府已经采取措施来提高国内制造业如根据激励计划的介绍(照明灯具)几个部门包括空调和LED灯。
财政部长吧Sitharaman将推出预算2021年2月1 - 22。
“这些商品关税的调整将有助于促进自力更生印度运动和促进国内制造业,”他们补充说。
去年,政府增加进口关税在几个产品,如家具、玩具和鞋类。
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New Delhi: The government may tweak customs duties<\/a> in the Budget<\/a> next week on several goods, including furniture raw materials, copper scrap, certain chemicals, telecom equipment and rubber products, to promote domestic manufacturing<\/a> and exports, sources said.
They said that while import duties could be tweaked on over 20 products such as cut and polished diamonds, rubber goods, leather garments, telecom equipment and carpet, the customs duties<\/a> could be removed on select raw materials (like wood in rough, swan wood and hard board) used for furniture manufacturing and copper concentrate.
\"Expensive raw materials impact India's price competitiveness in the international market. The country's exports of furniture is very low (about one per cent), while countries like China and Vietnam are major players in the sector,\" they added.
The government may also consider reducing customs duties on coal tar pitch, and copper scrap, while raising the levies on certain finished goods like refrigerator, washing machine and clothes dryer, one of the sources said.
The government is already taking steps to boost domestic manufacturing<\/a> such as introduction of production-linked incentives scheme (PLI<\/a>) for several sectors including air conditioners and LED lights.
Finance Minister Nirmala Sitharaman will unveil the Budget<\/a> 2021-22 on February 1.
\"Tweaking of duties on these goods would help promote self-reliant India campaign and boost domestic manufacturing,\" they added.
Last year, the government increased import taxes on several products such as furniture, toys, and footwear.<\/p><\/body>","next_sibling":[{"msid":80447629,"title":"Chinese smartphone cos find going tough in fintech space","entity_type":"ARTICLE","link":"\/news\/chinese-smartphone-cos-find-going-tough-in-fintech-space\/80447629","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":80447913,"entity_type":"ARTICLE","title":"Government may tweak customs duties on host of goods, including telecom equipment, in Budget 2021","synopsis":"They said that while import duties could be tweaked on over 20 products such as cut and polished diamonds, rubber goods, leather garments, telecom equipment and carpet, the customs duties could be removed on select raw materials (like wood in rough, swan wood and hard board) used for furniture manufacturing and copper concentrate.","titleseo":"telecomnews\/govt-may-tweak-customs-duties-on-host-of-goods-including-telecom-equipment-in-budget-2021","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":460,"shares":0,"engagementtimems":1703000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2021-01-25 15:15:48","lastupd":"2021-01-25 15:18:25","breadcrumbTags":["budget 2021","customs duty on telecom equipment","domestic manufacturing","telecom gear","customs duties","Union Budget 2021","PLI","policy","budget"],"secinfo":{"seolocation":"telecomnews\/govt-may-tweak-customs-duties-on-host-of-goods-including-telecom-equipment-in-budget-2021"}}" data-news_link="//www.iser-br.com/news/govt-may-tweak-customs-duties-on-host-of-goods-including-telecom-equipment-in-budget-2021/80447913">
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