India scraps import duty on select mobile phone and electronics parts
India removed import duties on some parts used to make mobile phones and other electronic devices. Reuters reported that the move eliminates the earlier 7.5% and 5% levies on selected inputs. The decision is expected to support electronics manufacturing and reduce production costs for companies operating in India. It may also benefit firms such as Apple and Xiaomi. The policy is important for exam preparation because it links taxation, manufacturing policy, and global supply chains.
Try the question
India removed import duties on which category of goods?
Answer: (b) Some mobile phone and electronics parts
The correct answer is (b) Some mobile phone and electronics parts.