2 hrs ago

Notebook Makers Seek Import Floor as ASEAN Imports Rise

Notebook Makers Seek Import Floor as ASEAN Imports Rise
Notebook makers urge govt to impose MIP; getting hurt from ASEAN imports · thehindubusinessline.com

Notebook makers in India say too many cheap notebooks are coming from ASEAN countries.

They are especially concerned about imports from Indonesia.

The makers want the government to set a minimum price for imported notebooks.

This would make it harder to sell very cheap imported products in India.

They say notebooks can enter without customs duty under a trade agreement.

They also say the imports benefit from zero per cent basic customs duty and zero per cent IGST.

The manufacturers believe this is weakening Indian small businesses.

They warned that domestic notebook companies could be badly damaged without quick action.

Key facts

Request
A minimum import price on imported notebooks
Requester
All India Notebook Manufacturers Association
Government body addressed
Commerce Ministry
Main import source
ASEAN countries, predominantly Indonesia
Customs treatment
Nil customs duty under the India-ASEAN free trade agreement
Agreement start
January 2010
Claimed impact
Domestic notebook manufacturers and Indian MSMEs are being squeezed by low-cost imports

Quotes

All India Notebook Manufacturers Association

Industry association representing notebook manufacturers in India

“An MIP on imported notebooks would prevent foreign suppliers from leveraging the zero per cent BCD (basic customs duty) and zero per cent IGST corridor to weaken Indian MSMEs.”
deccanchronicle.com thehindubusinessline.com

Sources

Related news