BORN IN INDIA I SERVED FROM INDIA
Dated: 02.08.23
DGFT India (Govt of India) Restricts Import of Laptop, Computers, Tablets & Servers
The Office of The Director General of Foreign Trade (DGFT) India has issued Notification No 23/2023 dtd 03rd August 2023 which has put “restriction” on the import of New Laptops, Computers, Tablets, and Servers falling under ITC(HS) chapter 8471 with immediate effect, subject to Policy condition No 4 of Chapter 84.
Exemptions:
- Restrictions is not applicable to imports under Baggage Rules, as amended from time to time.
- Only 1 (one) Number (No) of either of the products falling under ITC(HS) 8471 will be exempted from licensing if purchased from an e-Commerce portal and imported by post or courier subject to payment of applicable import duty.
- Exemption is given for upto 20 Nos of such items imported for R&D purposes, testing, benchmarking & evaluation, repair & re-export.
- The said products which are a part of Capital goods shall remain exempted from licensing requirements.
Effective Date: with immediate effect.
DGFT Notification download:
DGFT Notification No. 23
Source: Director General of Foreign Trade, Min of Commerce, Govt of India
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Disclaimer:
The views expressed in the update are strictly personal, based on our understanding of the underlying law. We are not responsible for any injury, loss, or cost arising to any person who refers to this update and acts or refrains from any act accordingly. We would suggest that detailed legal advice must be sought before relying on this update.
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