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India Enacts 10% Import Tax On Crucial Smartphone Components

3 monthes ago   |   By Android Headlines

India enacted a new ten-percent import tax on a number of crucial smartphone components, with New Delhi officially confirming the previously reported move earlier this month. The tariff is specifically targeting populated circuit boards equipped with hardware such as modems, processors, and RAM chips, all of which are key handset parts. The regulatory decision is an extension of the Make in India initiative, a Swadeshi movement introduced in late September of 2014 with the goal of making the South Asian country less reliant on imports and strengthening its economy across a broad range of...
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