CUSTOM DUTY

The basic customs duty rates of 2%, 2.5% and 3% unified at the rate of 2.5%.
Special additional duty on the clearances from SEZ to DTA exempted provided they are not exempt from the levy of VAT/sales tax.
Basic customs duty on agricultural machinery reduced to 4.5 per cent from 5 per cent.
Basic customs duty on raw silk reduced from 30 to 5 per cent.
Basic customs duty on solar lantern or lamps reduced from 10 to 5%.
CVD exempted fully on LEDs used for manufacture of LEDs light & fixtures.
Fully exemption from basic custom duty is being extended battery charger, hands free, head phones and PC connectivity cable of mobile handset including cellular phones.
Basic customs duty on bamboo used for manufacture of agarbattis is being reduced from 30% to 10%.
The government has added a fixed excise duty of Rs.160 per ton on cement and reduced custom duty on pet coke and gypsum, key inputs for the sector.

Pages