Import Customs duty changes for ORGANIC CHEMICALS and PHARMACEUTICAL Products, Budget 2015-16

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 with text format and pdf format)



The information provided here is part of Import Export online Training

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 


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Import Customs duty changes as per budget 2015-16 under ORGANIC CHEMICALS and PHARMACEUTICAL Products

 

2 copyAs per Indian Budget 2015-16, the following customs import duty changes have been declared under import of Edible Fruit and Nuts; Peel of Citrus Fruit or Melons.

 1) Basic Customs duty on isoprene [2901 24 00] is being reduced from 5% to 2.5%. Notification No.12/2012-Customs, dated 17th March, 2012 Click here to read Notification No.12/2012 Customs, dated 17th March, 2012 as amended by notification No.10/2015-Customs, dated the 1st March, 2015 [S.No.173D] refers.Click here to read notification No.10/2015-Customs, dated 1st March, 2015 - notification No 10 of 2015-Customs, dated 1st March, 2015.pdf

2) Basic Customs duty on styrene [2902 50 00], ethylene dichloride (EDC) [2903 15 00] and Vinyl Chloride Monomer (VCM) [2903 21 00] is being reduced from 2.5% to 2%. S.Nos.175, 177 and 178 Notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.10/2015-Customs, dated the 1st March, 2015 refers.

3) Special Additional Duty (SAD) on styrene [2902 50 00], ethylene dichloride (EDC) [2903 15 00] and Vinyl Chloride Monomer (VCM) [2903 21 00] for use in manufacture of excisable goods is being reduced from 4% to 2%. Notification No.21/2012-Customs, dated 17th March, 2012 as amended by notification No.11/2015-Customs, dated the 1st March, 2015 [new S.Nos.45B, 45C and 45D] refers.

 

4) Basic Customs duty on anthraquinone [2914 61 00] is being reduced from 7.5% to 2.5%. Notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.10/2015-Customs, dated the 1st March, 2015 [new S.Nos.181A] refers.

5) Basic Customs duty on butyl acrylate [2916 12 10] is being reduced from 7.5% to 5%. Notification No.12/2012-Customs, dated 17th March, 2012 Click here to read Notification No.12/2012 Customs, dated 17th March, 2012 as amended by notification No.10/2015-Customs, dated the 1st March, 2015 [new S.No.181B] refers.Click here to read notification No.10/2015-Customs, dated 1st March, 2015 - notification No 10 of 2015-Customs, dated 1st March, 2015.pdf

 

Click below for more details:   

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

 

 

 

 

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