Highlights of Indian budget 2015-16

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The information provided here is part of Import Export online Training

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 


Learn Exports Imports Free. Click here to read

 

Click below for:    

Indian Budget 2015-16, Import Customs Duty Changes, chapter wise  

Indian Budget 2015-16, Central Excise Duty Changes, chapter wise

Service Tax Changes as per Indian Union Budget 2015-16

 

Highlights, Indian budget 2015-16

Increase in basic custom duty:

? Metallergical coke from 2.5 % to 5%.

? Tariff rate on iron and steel and articles of iron and steel increased from 10% to

15%.

? Tariff rate on commercial vehicle increased from 10 % to 40%.

Basic custom duty on digital still image video camera with certain specification reduced

to nil.

Excise duty on rails for manufacture of railway or tram way track construction material

exempted retrospectively from 17-03-2012 to 02-02-2014, if not CENVAT credit of

duty paid on such rails is availed.

Service-tax to be levied on service provided by way of access to amusement facility,

entertainment events or concerts, pageants, non recoganised sporting events etc.

Service-tax exemption:

? Services of pre-conditioning, pre-cooling, ripening etc. of fruits and vegetables.

? Life insurance service provided by way of Varishtha Pension Bima Yojana.

? All ambulance services provided to patients.

? Admission to museum, zoo, national park, wile life sanctuary and tiger reserve.

? Transport of goods for export by road from factory to land customs station.

Enabling provision made to exclude all services provided by the Government or local

authority to a business entity from the negative list.

Service-tax exemption to construction, erection, commissioning or installation of original

works pertaining to an airport or port withdrawn.

Transportation of agricultural produce to remain exempt from Service-tax.

Artificial heart exempt from basic custom duty of 5% and CVD.

Excise duty exemption for captively consumed intermediate compound coming into

existance during the manufacture of agarbathi.

 

 

Learn Exports Imports Free. Click here to read

 

Click below for:    

Indian Budget 2015-16, Import Customs Duty Changes, chapter wise  


Indian Budget 2015-16, Central Excise Duty Changes, chapter wise

Service Tax Changes as per Indian Union Budget 2015-16

 

The above information is a part of Export Import Training course online


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