Govt tariff changes for import of mineral fuels, bituminous substance under HS 27 as per Budget 2016-17

Customs duty tariff rate changes as per Indian Budget 2017-18


Central Excise Duty changes as per Indian Budget 2017-18


Service Tax rate tariff Changes under Indian Budget 2017-18


(Updating soon after Budget 2017-18 on 1st February,2017 under text format and pdf format)

Budget 2016-17 changes in customs import duty tariff,excise duty and service tax

 

Indian Union Budget 2016-2017, changes in import customs tax tariff, chapter wise

Indian Budget 2016-17, Excise duty tariff changes, chapter wise

Changes in Service Tax as per Budget 2016-17

 

 

As per Indian Budget 2016-17, the extract of notification on changes of import customs duty tariff  for this chapter is given under:

1) Basic Customs Duty on all goods falling under 2701, 2702 and 2703 is being rationalized at 2.5% BCD. Notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.12/2016-Customs, dated 1st March, 2016 [New S.Nos.121B, 121C] refer.

2) Basic Customs Duty on all goods falling under 2704, 2705 and 2706 is being rationalized at 5% BCD. Notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.12/2016-Customs, dated the 1st March, 2016 [New S.No.121D] refers.

3) Basic Customs Duty on all goods falling under 2707 is being rationalized at 2.5% BCD. Notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.12/2016-Customs, dated the 1st March, 2016 [New S.No.121E] refers.

4) Basic Customs Duty on all goods falling under 2708 is being rationalized at 5% BCD. Notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.12/2016-Customs, dated the 1st March, 2016 [New S.No.121F] refers
Consequently, S. No. 122, 122A, 123, 124, 124A, 125, 126, 126A, 126B and 126C are being omitted.  Click here for full notification changes in Import Customs duty and excise duty under India Budget 2016-17  Import customs duty,Excise duty changes Budget 2016.pdf

 

 

How to import oils, bituminous substances, mineral fuels and waxes (Goods under Chapter 27 of HTS code)
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Import tax for  coal, briquettes, ovoids etc, mfr from coalin Indian Budget 2016-17

Rate of duty for import of lignite, agglomerated or not, excluding jetunder Indian Budget

Any changes in import duty for peat (including peat litter), incl agglomrtdas per recent Indian Budget

Present import taxes for coke etc of coal, lignite or peat, retort carbonas per new India Budget

Is import duty applicable for  coal gas, water gas, prdcr gas etc, ex pet gs & othgsin India Budget

Import duty charges payable for mineral tars, including reconstituted tars

in India as per recent Budget

Import tax to be paid for oils etc from high temp coal tar, sim aromatic etcin India  under  new Budget 2016-17

Percentage of import duty for pitch & pitch coke from coal tar or other min tarsin Indian Budget

Import tax charges for crude oil from petroleum and bituminous mineralsas per recent India Budget

Import duty charges for oil (not crude) from petrol & bitum mineral etc,

under Budget 2016-17

Import tax charges for petroleum gases & other gaseous hydrocarbonsas per recent India Budget

Import duty charges for petroleum jelly, mineral waxes & similar productsunder Budget 2016-17

Import tax charges for petroleum coke, petroleum bitumen & other residuesas per recent India Budget

Import duty charges for bit mixture from nat asph, nat bit, pet bit, min tar or pt

under Budget 2016-17

 

 

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Importance of Bill of Lading

Introduction to this web site.

 Is Airway bill a documents of title?

 Is Customs House Agents (CHA ) required to be appointed mandatory?

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.

 


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