Saturday, March 15, 2008

CUSTOMS DUTY


  • No Change in Peak Rate for non- agricultural produce.
  • Rates of duty on various items reduced.
  • Specified parts of set top boxes and specified raw materials for use in the IT/electronic hardware industry and bacto fuges to be exempted from Customs duty.
  • Duty on steel melting scrap and  aluminium scrap reduced from 5% to NIL.
  • Customs on specified life saving drugs and on specified sports goods machinery reduced to 5%.

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