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Informist, Wednesday, Dec. 11, 2024

--Govt: Authorised imports of restricted IT hardware valid till Dec 31, 2025 
--Govt: Portal to apply to import curbed IT hardware open till Dec 15, 2025 
--Govt: Portal to apply for import of restricted IT hardware opens Fri 
--Govt releases import mgmt system norms for 2025 for restricted IT hardware 
 

NEW DELHI – The government has extended the monitoring of imports of laptops, all-in-one personal computers, ultra-small form factor computers, and servers, by another year till December 2025, the Directorate General of Foreign Trade said in a circular. The application portal where importers have to apply for authorisation to import laptops and servers will open Friday and remain open till Dec. 15, 2025.

The authorisation issued for imports of the restricted information technology hardware will be valid till Dec. 31, 2025, the Directorate General of Foreign Trade said. Importers are also allowed to submit multiple applications to import these restricted IT hardware items, the circular said.

Since November 2023, the government has allowed the import of these electronic gadgets through a permit system under which the directorate general issues authorisation through an import management system that specifies the quantity and value of imports, which allows the government to monitor real-time imports.

Informist had reported Dec. 6 that the government was likely to extend the monitoring of imports of laptops, all-in-one personal computers, and ultra-small form factor computers by another year. There are security concerns, but the main motive for enabling the monitoring system is to gauge import dependency and encourage domestic manufacturing accordingly, Informist had reported, quoting a senior government official.

Though the government had initially announced restrictions on the import of laptops, all-in-one personal computers, and ultra-small form factor computers, it resorted to just monitoring after a backlash from the US.

There are two production-linked incentive schemes operational in the electronics sector for large-scale electronic goods and IT hardware with a total outlay of INR 556.45 billion. The scheme has been most successful for the large-scale electronics manufacturing sector, with the government releasing over INR 50 billion to manufacturers.

India's electronic goods exports jumped 23.6% to $29.12 billion in the financial year 2023-24 (Apr-Mar). The import of these goods stood at $89.67 billion during FY24, up 16.05% from the previous year.  End

US$1 = INR 84.83

Reported by Shubham Rana

Edited by Rajeev Pai

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