Acche din aa gaaye for us Technology lovers!!! :-D

rish1

Cyborg Agent
Am not sure about this too...

It says that imported electronic products are going to be costlier... But, on the other hand, mobile phones are slated to be cheaper!!!
Seems like a double contradiction to me...

Anyone can clear this up???

So, does it mean that only crappy Indian made electronics (Are there any??? :p) are going to be cheaper???

One bug doubt- when they say 'desktops', they definitely mean per-assembled (branded) desktops that doesn't appeal us. What appeals us is assembled desktops. Now, they also say 'imported electronic products' will cost more, so doesn't this include desktop components? So a per this budget, assembled desktop will cost mode (?).

Yeah, I had the same doubt as can be seen by my quote posted above... It hasn't been answered satisfactorily till now... Any help from anyone having a good grasp on these fiscal matters will be appreciated!!! :) :)
Maybe some commerce guy can help???

government has removed duty on import of electronic components used as inputs/parts in mobiles,computers that will be manufactured in india to boost domestic production so

Indian manufactured mobile phones and indian manufactured Computers will become cheaper

but government has imposed Education cess on imported electronic like mobile phones,laptops etc so the prices of smartphones and computer components will increase , the effect on mobiles will be nothing as education cess is 3 % of the import duty which is 6 %

so only 0.18 % increase meaning only 18 rs increase on a smartphone costing 10,000 and 90 Rs on a 50,000 smartphone which will not be passed to customers and will be absorbed by vendors

however when it comes to computers, laptops the duty is 16.85 % adding education cess of 3 % will increase costs by 0.5 %

so in short only indian manufactured mobiles,computers will be cheaper and there will be a marginal increase in imported mobiles,computers and peripherals



^^Commerce guys on TDF.. Good Luck

;)
 
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powerhoney

powerhoney

Cyborg Agent
government has removed duty on import of electronic components used as inputs/parts in mobiles,computers that will be manufactured in india to boost domestic production so

Indian manufactured mobile phones and indian manufactured Computers will become cheaper

but government has imposed Education cess on imported electronic like mobile phones,laptops etc so the prices of smartphones and computer components will increase , the effect on mobiles will be nothing as education cess is 3 % of the import duty which is 6 %

so only 0.18 % increase meaning only 18 rs increase on a smartphone costing 10,000 and 90 Rs on a 50,000 smartphone which will not be passed to customers and will be absorbed by vendors

however when it comes to computers, laptops the duty is 16.85 % adding education cess of 3 % will increase costs by 0.5 %

so in short only indian manufactured mobiles,computers will be cheaper and there will be a marginal increase in imported mobiles,computers and peripherals





;)


Thanks for clearing this up...

So, in short, acche din nahi aa gaye!!! :-( :-(
 
I don't think import duties on PC components will reduce ever as India is a developing country and it needs taxes from products considered to be 'premium' or 'non-essentials'. And its alright as components are already cheap and and the need to upgrade every year has also gone.
 

rish1

Cyborg Agent
i think console Prices desperately needs some sanity .. 28.5 % on consoles is just way too much .. they need to treat it on par with Pc/laptops with 16.85 %
 

$hadow

Geek in making
i think console Prices desperately needs some sanity .. 28.5 % on consoles is just way too much .. they need to treat it on par with Pc/laptops with 16.85 %

Consoles are still treated as luxury goods where as PC's are still necessity goods in the words of government.
 

SaiyanGoku

kamehameha!!
however when it comes to computers, laptops the duty is 16.85 % adding education cess of 3 % will increase costs by 0.5 %

the duty should be lower than 8% for consumer's sake.

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i think console Prices desperately needs some sanity .. 28.5 % on consoles is just way too much .. they need to treat it on par with Pc/laptops with 16.85 %

+1 to this.
 

SaiyanGoku

kamehameha!!
Grow up!!!! Shift to the US :lol:
And enjoy acche din :p

or SE Asia, Japan, South Korea :wink:

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HAHA... You made my day!!
GO PC Master Race...
On topic this might have been done to you know maybe force foreign manufacturers to set up factories n the country..

won't do any good when the conditions aren't suitable for computer manufacturing from scratch (silicon chip level).
 

rohitshubham

Ambassador of Buzz
or SE Asia, Japan, South Korea :wink:

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won't do any good when the conditions aren't suitable for computer manufacturing from scratch (silicon chip level).
they could atleast setup assembly units if duty on imported components was lowered....instead duty on final & finished goods should have been increased..
 

kaz

right here
Actually the government wants up to set up fabrication and other chip manufacturing in India only...This will take us ahead of Taiwan...
There will be hundreds of industries here in India like Texas Instruments and TSMC...

Imagine kids in India designing robots for automation, instead of flying kites they will have drones, Apple will request chipsets/displays from Karbon, PS6/7/8/9 will be manufactured by MicroMax, Videocon making the best display panels which will be 151 inches and would fold into a wearable, BSNL providing fastest internet in the world, NASA launching its satellite from Wheeler Island...
 
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powerhoney

powerhoney

Cyborg Agent
Actually the government wants up to set up fabrication and other chip manufacturing in India only...This will take us ahead of Taiwan...
There will be hundreds of industries here in India like Texas Instruments and TSMC...

Imagine kids in India designing robots for automation, instead of flying kites they will have drones, Apple will request chipsets/displays from Karbon, PS6/7/8/9 will be manufactured by MicroMax, Videocon making the best display panels which will be 151 inches and would fold into a wearable, BSNL providing fastest internet in the world, NASA launching its satellite from Wheeler Island...
You, my man, should be watching the world cup instead!!! :p
 

rohitshubham

Ambassador of Buzz
Actually the government wants up to set up fabrication and other chip manufacturing in India only...This will take us ahead of Taiwan...
There will be hundreds of industries here in India like Texas Instruments and TSMC...

Imagine kids in India designing robots for automation, instead of flying kites they will have drones, Apple will request chipsets/displays from Karbon, PS6/7/8/9 will be manufactured by MicroMax, Videocon making the best display panels which will be 151 inches and would fold into a wearable, BSNL providing fastest internet in the world, NASA launching its satellite from Wheeler Island...
Ha HA HAA HAAA Epic man Epic .... the day BSNL provides fastest internet on planet.... Pigs would fly... :D:lol:
 

SaiyanGoku

kamehameha!!
Actually the government wants up to set up fabrication and other chip manufacturing in India only...This will take us ahead of Taiwan...
There will be hundreds of industries here in India like Texas Instruments and TSMC...

Imagine kids in India designing robots for automation, instead of flying kites they will have drones, Apple will request chipsets/displays from Karbon, PS6/7/8/9 will be manufactured by MicroMax, Videocon making the best display panels which will be 151 inches and would fold into a wearable, BSNL providing fastest internet in the world, NASA launching its satellite from Wheeler Island...

1. Karbonn doesn't makes chipsets and displays
2. Micromax just rebrands nearly unknown chinese phones.
3. BSNL can't even provide 4 mbps without FUP :deadbored:
 
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powerhoney

powerhoney

Cyborg Agent
1. Karbonn doesn't makes chipsets and displays
2. Micromax just rebrands nearly unknown chinese phones.
3. BSNL can't even provide 4 mbps without FUP :deadbored:
Also add,

[MENTION=145143]SaiyanGoku[/MENTION] doesn't know the meaning of the word sarcasm!!! :p
 
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