Indian Union Budget 2014-2015, highlights on import and export duties
Tuesday, October 25, 2016     Category : Indian Budget 2014-15

The information provided here is part of Import Export Training online

 

 

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

  

Click here to read latest update on 28th February, 2015.: Indian Budget 2015-16, Import Customs Duty Changes, chapter wise     Indian Budget 2015-16, Central Excise Duty Changes, chapter wise

 

 

Indian Budget highlights copy 

 

Indian Union Budget 2014-2015 Major changes on import and export duties

 

HS Codes (CTH codes) Chapter 01 to 07 no change

 

 HS Codes (CTH codes) Chapter 08

Import duty changes for Raisins

 

 

HS Codes (CTH codes) Chapter 09 to 14 no change

 

 

HS Codes (CTH codes) Chapter 15,29 and 38

Changes of import duty on fatty acids, crude palm stearin etc.

 

 HS Codes (CTH codes) Chapter 16 to 21 no change

 

 HS Codes (CTH codes) Chapter 22

Reduction of Import duty for Ethyl Alcohol

 

 HS Codes (CTH codes) Chapter 23

Exemption of BCD to import de-oiled soya extract, groundnut oil cake/oil cake meal, sunflower oil cake/oil cake meal, canola oil cake/oil cake meal, mustard oil cake/oil cake meal, rice bran/rice bran oil cake and palm kernel cake

 

 HS Codes (CTH codes) Chapter 24 and 25

Budget 2014, ITC Tariff item 2402 20 60 omitted

Basic duty reduced on steel grade dolomite and steel grade limestone

 

 HS Codes (CTH codes) Chapter 26

Export duty of Bauxite increases

 

 HS Codes (CTH codes) Chapter 27

Changes in Duty for Non-agglomerated coal, Metallurgical coke, Naphthalene, Coal tar pitch, Propane etc

 

 HS Codes (CTH codes) Chapter 28 to 49

Changes in Duty for Ethylene, Propylene and Butadiene, Ortho-xylene, Methyl alcohol

 

 HS Codes (CTH codes) Chapter 50, no change

 

 HS Codes (CTH codes) Chapter 51 to 52

Benefits for industries of handicraft,textiles made ups etc

 

 HS Codes (CTH codes) Chapter 53 to 70 no change

 

 HS Codes (CTH codes) Chapter 51 to 52

Basic Duty changes for Diamonds, Pre-forms of precious and semi-precious stones

 

 HS Codes (CTH codes) Chapter 72 and 73

Duty changes for Stainless steel flat products, Bearings of wind operated electricity generators and Flat copper wire

 

 HS Codes (CTH codes) Chapter 75 to 83 no change

 

 HS Codes (CTH codes) Chapter 84

Duty exemption for compressed biogas plant, of solar energy production and manufacture of wind operated electricity generators

 

 


HS Codes (CTH codes) Chapter 85

Reduction of import duties on LED,LCD,Television, Computer, Laptop,Tablets

 

 HS Codes (CTH codes) Chapter 86 to 88 no change

HS Codes (CTH codes) Chapter 89

Reduction of BCD on Ships imported for breaking up, Indian Budget 2014

 HS Codes (CTH codes) Chapter 90 to 98

Withdrawn CVD exemption on portable X-ray machine

 

 

 

Excise and Customs - Click here to read complete notification under Budget 2014

Service Tax - Click here to read complete notification under Budget 2014

 


Read www.howtoexportimport.com to know more  -  Click here


The above information is a part of Export Import Training online

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How to settle dispute in Exports and Imports?,Central Excise Procedures under Exports in India,How to get RCMC?,What are the legal documents in Exports?,Why does Documentation require in Exports and Imports?,Difference between Demurrage and Detention in import,Difference between Proforma Invoice and Commercial Invoice,How to protect Buyer and Seller in Triangular Exports and Imports?

How does High Sea Sales work in Exports and Imports?,Difference between Mother vessel and Feeder vessel

Also read;

 How to export your product?

How to import your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Dimension of export containers



Comments

 
Sivasankar Says :
Tuesday, May 12, 2015
We are a manufacturer of poultry and cattle feeds would like to know whether the exemption from basic customs duty for de oiled soya exemption is applicable or not if we imported in 2015-16. Please clarify.
 

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