The Import tax on many electronic items have been increased by the Government of India. This move is to get popular brands to manufacture in India rather import products from overseas. Import taxes have been increased on Digital Cameras, TV, Microwave Ovens and Mobile phones.

The import tax on Mobile phone was 10% and with this new change it will now be 15%. This means that all brands that are selling their mobile phones in India but are actually importing from China will get affected. The result will be that such brands will be forced to increase the price.

The brands that have already starts manufacturing in India will not be affected by this move and they will also have a price advantage  when compared with others. Many brands have setup their manufacturing hub in India and some are planning to do so.

This tax hike will boost domestic manufacturers said Pankaj Mohindroo, President of the Indian Cellular. This move will affect Apple, cause as of now they are just assembling iPhone SE smartphone in India. Apple is planning to upgrade and get more units manufactured in India.

If you import smartphones from international websites then be ready to pay extra, you will end up paying additional 5% more to what you have been paying.

What do you think about this move?

Comments (20)

  1. shailesh
    Posted on December 17, 2017
  2. shailesh
    Posted on March 30, 2019
  3. Pranav
    Posted on December 17, 2017
  4. Pranav
    Posted on March 30, 2019
  5. Guru
    Posted on December 16, 2017
  6. SURMEET SINGH
    Posted on December 16, 2017
    • Ashutosh
      Posted on December 16, 2017
  7. venki
    Posted on December 16, 2017
  8. Guru
    Posted on March 30, 2019
  9. SURMEET SINGH
    Posted on March 30, 2019
    • Ashutosh
      Posted on March 30, 2019
  10. Asu
    Posted on December 16, 2017
  11. sachin11
    Posted on December 16, 2017
    • Gogi Rana
      Posted on December 16, 2017
      • Kekhrie Zao
        Posted on December 17, 2017
  12. venki
    Posted on March 29, 2019
  13. Asu
    Posted on March 30, 2019
  14. sachin11
    Posted on March 30, 2019
    • Gogi Rana
      Posted on March 30, 2019
      • Kekhrie Zao
        Posted on March 30, 2019

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