Economy

Govt defers move to curb imports of laptops, tablets by 3 months

The government has deferred the move to restrict the import of laptops, tablets and personal computers by three months. Companies importing these goods will now have time until October 31 to get a licence to import the devices, the government said in a notification.

The Directorate General of Foreign Trade (DGFT) issued a notification on Friday late on night which states: “Import consignments can be cleared till October 31, 2023 without a license for restricted imports. For clearance of import consignments with effect from November 1, 2023, a valid License for Restricted imports is required:

“A liberal transitional arrangement is provided for import of laptops, tablets, all-in-one personal computers, ultra-small form factor computers and servers … till October 31, 2023,” the notification added.

The government had on Thursday announced the imposition of import restrictions on laptops, tablets, and certain types of computers with immediate effect for security reasons and the need to promote domestic manufacturing. The move will curtail imports of these goods from countries like China and Korea.

The government’s move to impose import restrictions on laptops, tablets and certain types of computers, and allow their import only through valid licences was also triggered by security concerns. Import curbs will allow the Centre to keep a close watch on locations from where products are coming from, officials said.

Union IT Minister Rajeev Chandrasekhar had said the move was aimed to “ensure trusted hardware and systems” and reduce dependence on imports.

However, the announcement had caught the industry by surprise and there were fears that supplies could be disrupted at a time when stocks need to be built up for the forthcoming festive season.

 

IN Bureau

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

11 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

11 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

12 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

12 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

15 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

15 hours ago