AMN / NEW DELHI
Government has exempted 35 machine parts used for manufacturing mobile phone components from the basic customs duty to promote mobile handset production in the country.
According to an official notification, the finance ministry exempted items such as motherboard coating machine, PCB assembly loader, unloader from the customs duty.
These 35 capital goods are used for making mobile phone components such as a lithium-ion battery, speaker and receiver of mobile phones, data cables, optical fibre etc.
Industry body Indian Cellular and Electronics Association appreciated this move to exempt 35 capital goods from the basic customs duty.