MeitY relaxes the import duty on cells/batteries of POS machines
The Dollar Business Bureau The Ministry of Electronics and Information Technology (MeitY), have relaxed the import conditions on the Point of Sale (PoS) terminal devices and sealed secondary cell/batteries containing alkaline or other non-acid electrolytes that are used in portable applications. On November 28, 2016, the government had already exempted the goods and devices used in the manufacture of PoS machines by announcing a 12.5% of excise duty and 4% special additional duty. These devices are indispensable in a cashless digital payment ecosystem. In its latest Customs circular no. 03/2017 dated January 16, 2017 MeitY has detailed the following devices that shall also enjoy relaxed import conditions: Non-labelled registered PoS devices imported shall be allowed subject to the condition that the importer puts a standard ...
Anti-dumping investigation concerning imports of AA Dry Cell Batteries
Dated October 20th, 2015 | Copy of | Notification Sl87 dt. 20/10/15 | Anti-dumping investigation concerning imports of ‘AA Dry Cell Batteries’, originating in or exported from China PR and Vietnam. Association of Indian Dry Cell Manufacturers on behalf of domestic industry (hereinafter referred to as the applicant) has filed an application before the Designated Authority (hereinafter also referred to as the Authority) in accordance with the Customs Tariff Act, 1975 as amended from time to time (hereinafter also referred to as the Act) and Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped articles and for Determination of injury) Rules, 1995 as amended from time to time (hereinafter also referred to as the Rules) for initiation of anti-dumping ...
