Import duty changes for toys, games and sports equipments under HS code 95 as per Indian Budget 2016-17
Monday, October 24, 2016     Category : Indian Budget 2016-17

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:

Basic Customs duty on natural latex rubber made balloons [9503 00 90, 9505 10 00 & 9505 90 90] is being increased from 10% to 20%. Clause 138 (i) of the Finance Bill 2016 refers. By virtue of declaration under the Provisional Collection of Taxes Act, 1931, these changes will come into force with immediate effect. Further, Basic Customs duty of 10% is being retained for all goods other than natural rubber latex made balloons falling under tariff lines 9503 00 90, 9505 10 00 & 9505 90 90.

 

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

 

Guidelines to export Toys, Games and Sports (under chapter 95 of HS Code )

Import of Toys, games and sports equipments, parts and accessories (Goods under Chapter 95 of HTS code)

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