MeitY urges finance ministry for lower import duty on mobile phone components

The ministry of electronics and information technology (MeitY), as part of its recommendations for the interim Budget to the finance ministry, has suggested that import duty on mobile phone components such as printed circuit board assembly (PCBA), charger/adapter, cell, mic and receiver, speaker, etc, should be lowered.

Smartphone manufacturers have been batting for a reduction in duties and tariffs on components as the current higher duty structure increases cost of production, and makes India less competitive compared to economies like China and Vietnam.