India’s electronics imports have increased to $55.6 billion in 2018-19 from $51.5 billion in 2017-18, according to a report.
India will no longer allow imports of second-hand or refurbished electronics and IT goods without registration with the Bureau of Indian Standards (BIS).
The Directorate General of Foreign Trade (DGFT), the agency of the Ministry of Commerce and Industry of the Government of India, responsible for the execution of the import and export policies of India, has issued a notification in this regard.
As per the notification, import of these goods will be allowed through the registration with the BIS or on specific exemption letter from the Ministry of IT and Electronics (MeitY), under the Electronics and IT Goods (Requirement of Compulsory Registration) Order 2012.
Without the registration and compliance with BIS labelling requirements, it said, the imported goods will be re-exported by the importer, otherwise the customs authorities will deform those products and dispose of them as scrap.
“The imports of goods (new as well as second hand, whether or not refurbished, repaired or re-conditioned)…is prohibited unless they are registered with BIS and comply to the labelling requirements published by BIS, as amended from time to time, or on specific exemption letter from MeitY for a particular consignment,” the DGFT has said in the notification.
India’s electronics imports have increased to $55.6 billion in 2018-19 from $51.5 billion in 2017-18, according to a report.
(With inputs from PTI)
