Reducing prices of LED driver, LED lights,LED Fixtures and LED Lamps under Indian 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)

 

Update on 29th February 2016, 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

 

 

The information provided here is part of Online export import business guide course

 

Import Excise duty cut downed as per budget 2015-16 for LED driver, LED lights,LED Fixtures and LED Lamps under HS code Chapter 85


Reducing prices of LED driver, LED lights,LED Fixtures and LED Lamps under Indian Budget 2015-16As per Indian Budget 2015-16, the following excise import duty reductions have been declared under import of LED driver, LED lights,LED Fixtures and LED Lamps.

Read below the extract of government notification, under Indian Union Budget 2015-16


" Excise duty is being reduced from 12% to 6% on all inputs for use in manufacture of LED driver and MCPCB for LED lights and Fixtures & LED Lamps, subject to actual user conditin. Notification No.12/2012-Central Excise, dated 17th March, 2012  Notification No.12 of 2012-Central Excise, dated 17th March, 2012.pdf  as amended vide notification No.12/2015-Central Excise dated 1st March, 2015 Central excise Notification No. 12 of 2015-CE, dt. 01-03-2015.pdf  [new S. No. 321B] refers."

 


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


Do you wish to comment about the above reductions in import excise duty for  LED driver, LED lights,LED Fixtures and LED Lamps under Indian Budget 2015-16


 

The above information is a part of Guide on howtoexport and import


Discuss your views about the above reductions of import excise duty for LED driver, LED lights,LED Fixtures and LED Lamps
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Click here to know HS code of your product
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Comments


Ajit Deshmukh: Dear forum members, It is learnt that government is to ban (or charge heavy duty on) import of ready Driver for LED lights. Only parts required for manufacturing of LED driver will be under concessional duty structure. IS THIS A FACT? IS THIS FOR IMMEDIATE IMPLEMENTATION? Please share your information / views. Ajit Deshmukh

hiketh: Hi Team, Could you please let me know the procedure for importing the finished LED lights to India from China. Below are the brief description of the products: LED Flat Panel LED Surface Panel COB light Spot Light LED Strips

SUCHITRA GANJI : planing to import led lights all range of indoor and out door products. Recently we hear that some restrictions to do import of this led finished goods. please give me details and suggestions of this issue.

SUCHITRA GANJI : planing to import led lights all range of indoor and out door products. Recently we hear that some restrictions to do import of this led finished goods. please give me details and suggestions of this issue.

Aurinko: I have few basic questions..Request Experts to answer I have registered a Firm & getting into Lighting business (LED/CFL). I am stockist for 2 companies. My question is 1) Can i start exporting the products of the company for which i am appointed stockist? 2) Just a extension of above question... I get a export order, can i simply walk into the market purchase those and export.. I understand this is possible with some constraints but just wanted experts to comment

Inzamam ul haq: Tell me the led lights custom duty china to pakistan which comes

SUCHITRA GANJI : We are SUCHITRA TRADING CO., planing to import led lights all range of indoor and out door products. Recently we hear that some restrictions to do import of this led finished goods. Please give me details and suggestions of this issue.

amit sakade : we have Imported some LED Lights on HSS in the month of November 2015, for retail sell with full duty.now we found some of LED units are faulty and as per discussion with our supplier, we will get them replaced from supplier,kindly guide for process for Re export for replacement of our units

S RAJU: We have Manufacturing Facilities in Bangalore, for LED products, and can supply any quantities and also customized to requirement, Please send requirement for local, Export orders for LED lighting, Bulbs, Tubes , etcc.. contact : rajus127@yahoo.com. Cont:09916292410

Nagraj Neelkant: Do you wish to comment about the above reductions in import excise duty for LED driver, LED lights,LED Fixtures and LED Lamps under Indian Budget 2015-16 We do need to eliminate the import duty of imported LED light and its accessories atleast for the next 3 years and encourage Make In India Policy - And Especially more concessions for those manufacturing LEDs itself. Then only indirectly we would be saving lot of power consumption - especially in the Industrial Sectors. In addition to it we should also make it mandatory for the industries to replace High powered Sodium Vapour and other similiar lamps to be replaced with LED Lights that save more than 75% at Industrial level. And Also provide maximum subsidy for Domestic and Commercial establishment LED Fittings. I Love INDIA.

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