China Electronics Import India Investment Manufacturing
The government has deferred the implementation of the import restriction order on laptops and computers (including tablet computers) by about three months till October 31, a move that gives more time to electronic companies to import these devices without a licence. Now, these companies would need to take a licence from the government to import these devices from November 1. On August 3, the government put the import of these devices under a licence regime with immediate effect. Subsequently, industry raised issues with the government on the notification. The Directorate General of Foreign Trade (DGFT), in an order issued late…
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