- CBIC issued Circular No. 06/2024-Customs on June 07, 2024 regarding Customs duty on Display Assembly of a cellular mobile phone
- Notification No. 57/2017-Customs provides concessional BCD rates for Display Assembly and its parts
- Instances of misdeclaration of Display Assembly as parts were reported
- MeitY shared a Technical Document to help with assessment
- Misdeclaration cases were intercepted by DRI and other field formations
- Industry made representations to MeitY for intervention
- Circular No. 14/2022-Customs was issued for clarity on parts of display assembly
- Interpretational challenges still exist regarding display assembly
- Applicable BCD rate on certain parts was reduced to 10%
- Issues exist regarding interpretation of display assembly for the past period
- MeitY requested DoR to examine interpretation of display assembly
- Committee recommended a principle to determine interpretation of display assembly
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
