As mentioned yesterday, the restrictions imposed in August on the shipment of tablets, laptops, desktops and servers to India without a special license have practically paralyzed the work of importers, who play an important role in this commercial sector of the country activity. Realizing the scale of the problem, Indian authorities decided to delay the introduction of the restrictions by three months.
Well, as explained BloombergThe new procedure for importing the listed types of electronic devices will now come into force on November 1st this year. According to Indian officials, participants in foreign trade activities are given sufficient time to obtain the necessary licenses to import this type of goods. You can continue to deliver imported laptops, tablets, PCs and server devices without additional licenses for the time being until October 31st inclusive.
According to experts, this will allow suppliers to meet the demand for electronics without additional difficulties during the falling sales during this period, as well as in connection with the traditional growth season of business activity after the summer holidays and vacations. At the same time, the government structures of India will do everything possible to simplify the process of obtaining licenses as much as possible from November. All the related procedures will take applicants no more than a day under favorable circumstances, the source notes. Companies looking to localize their electronics manufacturing in India are not prevented from applying for a total of $2.1 billion in targeted subsidies now.