Demanding reduction in import duty on parts used for making mobile phones<\/a>, industry body ICEA<\/a> has said that increase in taxes on components<\/a> will make the products manufactured in India under the PLI scheme<\/a> globally uncompetitive. The India Cellular and Electronics Association (ICEA<\/a>) in its budget wishlist has demanded roll-back of goods and services tax<\/a> to 12 per cent from 18 per cent at present as it is a deterrent for growth of domestic market and manufacturers as well as checks in adoption of mobile phones<\/a> by disadvantaged sections in rural India. ICEA主席Pankaj Mohindroo电子和它的一封信中说,生产与激励(PLI)计划提供了一个激励会议部分成本残疾制造业在印度与其他国家,如中国和越南相比之前1月,2020年。 要求减少进口关税部分用于生产移动电话,行业组织工商东亚曾表示,增加税收组件会使产品在印度吗PLI方案全球竞争力。印度手机和电子协会(工商东亚在其预算清单要求回滚的商品和服务税从目前的12%降至18%,因为它是一种威慑的增长的国内市场和制造商以及采用的检查移动电话在印度农村的弱势部分。
ICEA chairman Pankaj Mohindroo in a letter to the Ministry of Electronics and IT said that the production linked incentive (PLI<\/a>) scheme offers an incentive for meeting partial cost disability for manufacturing in India compared with other countries such as China and Vietnam that existed before January, 2020.
\"Post the change in the duty structure in the Union Budgets for financial year (FY) 2020-21 and FY 2021-22 the cost disability gap has increased further. Increasing tariffs on inputs will lead to serious impact on the cost structures of PLI<\/a> approved companies, rendering their product uncompetitively priced for global markets,\" Mohindroo said.
Samsung and Apple's contract manufacturers are the biggest investors under the PLI scheme<\/a> and both these brands dominate mobile phone exports<\/a> from India.
The government expects mobile phones worth Rs 10.5 lakh crore to be manufactured under the PLI scheme.
Mohindroo said that the government has introduced 15 per cent duty on camera lens and 2.5 per cent on rest of the parts which make the camera modules production in India competitive and called for rationalisation of taxes as complete camera modules used in mobile phones can be imported by paying 11 per cent import duty.
The industry body has called for rationalisation of duties on the mother boards (printed circuit board assembly), mechanics components<\/a>, etc used in mobile phones as well on components used for making mobile phone accessories like Lithium ion cell for power banks, raw materials for wireless and audio devices<\/a> etc.
ICEA said that the hike in GST by 50 per cent in March 2020 to 18 per cent from 12 per cent should be rolled back as it slows down the digital India campaign and deters growth of manufacturers.
\"The GST increase of 50 per cent in March 2020 was a cruel blow to the mobile industry. The rationale presented to the GST Council was flawed. The sovereign assurance of no increase in cumulative tax was also given a go-by with this increase. In the pre-GST era, the excise duty plus VAT was 6 per cent (in most states), and the weighted average was 7.2 per cent. All components, parts and accessories were at zero duty for manufacturing,\" ICEA said in the budget wishlist separately.
According to industry body ICEA, whose members include Apple, Foxconn, Wistron, Lava and Vivo, mobile phone production in the country peaked at Rs 2.2 lakh crore in 2020-21 and is expected to cross Rs 2.75 lakh crore by March 2022 which will significantly meet demand of the domestic market.
\"To achieve the goal of smartphones in the hands of every Indian, and to broaden a domestic mobile phone market of USD 55 billion (about Rs 4 lakh crore), it is imperative to restore the status quo ante with respect to the GST on mobile phones from 18 to 12 per cent. This will help put mobile phones in the hands of the disadvantaged sections in rural India, and the poor as well as among women and youth,\" ICEA said.
The share of Indian companies in the mobile productions has come down from 47 per cent in 2016 to around 8 per cent at present.
ICEA has recommended government to allocate Rs 1,000 crore to support Indian companies, provide them interest subvention of 5 per cent for loans up to Rs 1,000 crore, credit guarantee for up to Rs 500 crore (revolving) for fixed and working capital requirements and domestic companies falling under PLI scheme should be provided enhanced credit guarantee of Rs 1,000 crore.
\"Only when a country builds its own companies, true technology acquisition and skill building happens in the country. Whereas a foreign company, though essential for kick-starting the ecosystem, depends on the labour arbitrage available in the country at a particular point of time. National champions with a potential to become global Indian champions have remarkable potential to create national wealth and become beacons of economic progress,\" Mohindroo said.<\/p><\/body>","next_sibling":[{"msid":88933337,"title":"Stable ColorOS 12 updates now available for Oppo phones","entity_type":"ARTICLE","link":"\/news\/stable-coloros-12-updates-now-available-for-oppo-phones\/88933337","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"88933498","title":"Mobiles PLI","entity_type":"IMAGES","seopath":"industry\/cons-products\/electronics\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea\/mobiles-pli","category_name":"Increase in tax on components to make mobile PLI uncompetitive for exports: ICEA","synopsis":"The government expects mobile phones worth Rs 10.5 lakh crore to be manufactured under the PLI scheme.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-32294\/88933498.cms?width=150&height=112","link":"\/image\/industry\/cons-products\/electronics\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea\/mobiles-pli\/88933498"}],"msid":88935875,"entity_type":"ARTICLE","title":"Increase in tax on components to make mobile PLI uncompetitive for exports: ICEA","synopsis":"ICEA chairman Pankaj Mohindroo in a letter to the Ministry of Electronics and IT said that the production linked incentive (PLI) scheme offers an incentive for meeting partial cost disability for manufacturing in India compared with other countries such as China and Vietnam that existed before January, 2020.","titleseo":"telecomnews\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":480,"shares":0,"engagementtimems":2371000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-01-16 20:40:50","lastupd":"2022-01-16 20:41:28","breadcrumbTags":["PLI scheme","ICEA","tax","components","mobile phones","PLI","exports","Devices","PLI scheme fo mobile manufacturing"],"secinfo":{"seolocation":"telecomnews\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-01-16" data-index="article_1">
增加税组件使移动照明灯具出口竞争力:工商东亚
ICEA主席Pankaj Mohindroo电子和它的一封信中说,生产与激励(照明灯具)计划提供了一个激励会议部分成本残疾制造业在印度与其他国家,如中国和越南相比之前1月,2020年。
三星和苹果的合同制造商最大的投资者PLI方案和这两个品牌占据主导地位的手机出口来自印度。
政府预计手机价值十万的10.5卢比PLI下生产计划。
Mohindroo说,政府引入了相机镜头上15%的关税和2.5%的其他部分,使得相机模块生产在印度竞争,并呼吁合理化税收作为完整的相机模块中使用移动电话可以通过支付进口11%的进口税。
行业组织已经呼吁对母亲职责合理化董事会(印刷电路板组装),力学组件等中使用移动电话在组件用于生产手机配件如锂离子电池电力银行、原料无线和音频设备等。
ICEA说提高销售税50% 2020年3月从18%降至12%应该回滚,因为它减缓了印度数字运动和阻碍增长的制造商。
2020年3月“消费税增加50%的手机行业是一个残酷的打击。销售税委员会给出的理由是有缺陷的。累积的主权担保没有增加税收也增加怠慢。在pre-GST时代,消费税和增值税是6%(在大多数州),加权平均是7.2%。所有组件,零部件和配件在零关税对制造业,”ICEA说预算单独列表。
据行业组织工商东亚,其成员包括苹果、富士康,纬创资通,熔岩和体内,国内手机生产达到峰值2.2十万的卢比在2020 - 21,预计过十万的2.75卢比2022年3月将极大地满足国内市场的需求。
”来实现智能手机的目标在每个印度人的手中,并扩大国内手机市场550亿美元(约4十万的卢比),必须恢复原状手机对消费税从18岁至12%。这将有助于把手机放在手中的弱势部分在印度农村,和穷人以及女性和青年,“ICEA说。
印度公司在移动产品的份额已经从2016年的47%下降到8%左右。
工商东亚建议政府分配1000卢比来支持印度公司,提供贷款利息5%的补助金1000卢比,信用担保达500卢比(旋转)固定和流动资金需求和国内企业落入PLI方案应提供增强的信贷担保1000卢比。
“只有当一个国家建立了自己的公司,真正的技术获取和技能建设的国家。而外国公司,虽然启动所必需的生态系统,依赖于可用的劳动力套利在某个特定的时间点。印度国家冠军企业有潜力成为全球冠军有非凡的潜力创造国家财富和成为经济进步的灯塔,”Mohindroo说。
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Demanding reduction in import duty on parts used for making mobile phones<\/a>, industry body ICEA<\/a> has said that increase in taxes on components<\/a> will make the products manufactured in India under the PLI scheme<\/a> globally uncompetitive. The India Cellular and Electronics Association (ICEA<\/a>) in its budget wishlist has demanded roll-back of goods and services tax<\/a> to 12 per cent from 18 per cent at present as it is a deterrent for growth of domestic market and manufacturers as well as checks in adoption of mobile phones<\/a> by disadvantaged sections in rural India.
ICEA chairman Pankaj Mohindroo in a letter to the Ministry of Electronics and IT said that the production linked incentive (PLI<\/a>) scheme offers an incentive for meeting partial cost disability for manufacturing in India compared with other countries such as China and Vietnam that existed before January, 2020.
\"Post the change in the duty structure in the Union Budgets for financial year (FY) 2020-21 and FY 2021-22 the cost disability gap has increased further. Increasing tariffs on inputs will lead to serious impact on the cost structures of PLI<\/a> approved companies, rendering their product uncompetitively priced for global markets,\" Mohindroo said.
Samsung and Apple's contract manufacturers are the biggest investors under the PLI scheme<\/a> and both these brands dominate mobile phone exports<\/a> from India.
The government expects mobile phones worth Rs 10.5 lakh crore to be manufactured under the PLI scheme.
Mohindroo said that the government has introduced 15 per cent duty on camera lens and 2.5 per cent on rest of the parts which make the camera modules production in India competitive and called for rationalisation of taxes as complete camera modules used in mobile phones can be imported by paying 11 per cent import duty.
The industry body has called for rationalisation of duties on the mother boards (printed circuit board assembly), mechanics components<\/a>, etc used in mobile phones as well on components used for making mobile phone accessories like Lithium ion cell for power banks, raw materials for wireless and audio devices<\/a> etc.
ICEA said that the hike in GST by 50 per cent in March 2020 to 18 per cent from 12 per cent should be rolled back as it slows down the digital India campaign and deters growth of manufacturers.
\"The GST increase of 50 per cent in March 2020 was a cruel blow to the mobile industry. The rationale presented to the GST Council was flawed. The sovereign assurance of no increase in cumulative tax was also given a go-by with this increase. In the pre-GST era, the excise duty plus VAT was 6 per cent (in most states), and the weighted average was 7.2 per cent. All components, parts and accessories were at zero duty for manufacturing,\" ICEA said in the budget wishlist separately.
According to industry body ICEA, whose members include Apple, Foxconn, Wistron, Lava and Vivo, mobile phone production in the country peaked at Rs 2.2 lakh crore in 2020-21 and is expected to cross Rs 2.75 lakh crore by March 2022 which will significantly meet demand of the domestic market.
\"To achieve the goal of smartphones in the hands of every Indian, and to broaden a domestic mobile phone market of USD 55 billion (about Rs 4 lakh crore), it is imperative to restore the status quo ante with respect to the GST on mobile phones from 18 to 12 per cent. This will help put mobile phones in the hands of the disadvantaged sections in rural India, and the poor as well as among women and youth,\" ICEA said.
The share of Indian companies in the mobile productions has come down from 47 per cent in 2016 to around 8 per cent at present.
ICEA has recommended government to allocate Rs 1,000 crore to support Indian companies, provide them interest subvention of 5 per cent for loans up to Rs 1,000 crore, credit guarantee for up to Rs 500 crore (revolving) for fixed and working capital requirements and domestic companies falling under PLI scheme should be provided enhanced credit guarantee of Rs 1,000 crore.
\"Only when a country builds its own companies, true technology acquisition and skill building happens in the country. Whereas a foreign company, though essential for kick-starting the ecosystem, depends on the labour arbitrage available in the country at a particular point of time. National champions with a potential to become global Indian champions have remarkable potential to create national wealth and become beacons of economic progress,\" Mohindroo said.<\/p><\/body>","next_sibling":[{"msid":88933337,"title":"Stable ColorOS 12 updates now available for Oppo phones","entity_type":"ARTICLE","link":"\/news\/stable-coloros-12-updates-now-available-for-oppo-phones\/88933337","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"88933498","title":"Mobiles PLI","entity_type":"IMAGES","seopath":"industry\/cons-products\/electronics\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea\/mobiles-pli","category_name":"Increase in tax on components to make mobile PLI uncompetitive for exports: ICEA","synopsis":"The government expects mobile phones worth Rs 10.5 lakh crore to be manufactured under the PLI scheme.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-32294\/88933498.cms?width=150&height=112","link":"\/image\/industry\/cons-products\/electronics\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea\/mobiles-pli\/88933498"}],"msid":88935875,"entity_type":"ARTICLE","title":"Increase in tax on components to make mobile PLI uncompetitive for exports: ICEA","synopsis":"ICEA chairman Pankaj Mohindroo in a letter to the Ministry of Electronics and IT said that the production linked incentive (PLI) scheme offers an incentive for meeting partial cost disability for manufacturing in India compared with other countries such as China and Vietnam that existed before January, 2020.","titleseo":"telecomnews\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":480,"shares":0,"engagementtimems":2371000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-01-16 20:40:50","lastupd":"2022-01-16 20:41:28","breadcrumbTags":["PLI scheme","ICEA","tax","components","mobile phones","PLI","exports","Devices","PLI scheme fo mobile manufacturing"],"secinfo":{"seolocation":"telecomnews\/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea"}}" data-news_link="//www.iser-br.com/news/increase-in-tax-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea/88935875">