Govt breather on IT imports: Festival cheer comes early for PC makers

Analysts say that the new registration mechanism would also mean that festival season sales would not take a hit

export, import, industry, corporate

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Aryaman Gupta New Delhi

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Original equipment manufacturers (OEMs) like HP, Dell, Lenovo and Apple heaved a sigh of relief on Tuesday after the government said it is considering a new registration mechanism for the import of personal computers, without quota and licensing requirements.

For the current financial year, the government would only monitor the source and value of devices as part of an import management system, officials said.

The quotas and other compliance requirements would come into play from the next financial year.

First Published: Sep 12 2023 | 8:49 PM IST

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