Apple seeks govts approval to sell refurbished iPhones in India
In the recently-concluded Union Budget 2016, the Finance Ministry had announced that there will be a 12.5% excise duty on imports of these components while the domestic manufacturer will incur a 2% charge The Dollar Business Bureau US-based tech giant Apple has sought approvals from the Indian government to import and sell pre-owned iPhones in India. An application from Apple regarding import of certified pre-owned iPhones for sale in India and manufacturing certified pre-owned iPhones for sale in India has been received in the Ministry of Environment and Forests, Telecom Minister Ravi Shankar Prasad said in a reply to Rajya Sabha. The announcement came in the backdrop of the governments decision to impose an excise duty on domestically-manufactured as well as imported mobile components ...
