Customs Duty Changes under new Budget 2019-20, click here
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 Export Import Training online
Budget changes in customs import duty tariff,excise duty and service tax
Indian Union Budget, changes in import customs tax tariff, chapter wise
Indian Budget Excise duty tariff changes, chapter wise
Changes in Service Tax as per Budget
Click below to read latest update: 28th February, 2015.
Indian Budget 2015-16, Import Customs Duty Changes, chapter wise
Indian Budget 2015-16, Central Excise Duty Changes, chapter wise
Budget 2014 Benefits under HS code Chapter 51 and 52
Wire rolls
The list of specified goods required by handicraft exporters is being expanded so as to include wire rolls in the same for the purpose of granting the facility of duty free import. S.No.206 of notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.12/2014-Customs, dated the 11th July 2014 refers.
Non-fusible embroidery motifs or prints
Non-fusible embroidery motifs or prints are being included in the list of items eligible to be imported duty free for manufacture of garments for export. S.No.282 of notification No.12/2012-Customs, dated 17th March, 2012 as amended by Notification No.12/2014-Customs, dated the 11th July 2014 refers.
Trimmings & embellishments
The duty free entitlement for import of trimmings & embellishments and other goods used by the readymade textile garment sector for manufacture of garments for export is being increased from 3% to 5%. S.No.282 (condition No.24) of notification No.12/2012-Customs, dated 17th March, 2012 as amended by Notification No.12/2014-Customs, dated the 11th July 2014 refers.
Goods imported for use in the manufacture of textile garments for export
Specified goods imported for use in the manufacture of textile garments for export are fully exempt from BCD and CVD subject to the condition that the manufacturer produces an entitlement certificate from the Apparel Export Promotion Council. In addition, Indian Silk Export Promotion Council (ISEPC) is being authorised to issue entitlement certificate. S.No.282 (condition No.24) of notification No.12/2012-Customs, dated 17th March, 2012 as amended by Notification No.12/2014-Customs, dated the 11th July 2014 refers.
Items for manufacture of handloom made ups or cotton made ups or manmade made ups for export
Fusible embroidery motifs or prints, anti-theft devices like labels, tags and sensors, pin bullets for packing, plastic tag bullets, metal tabs, bows, ring and slider and rings are being included in the list of items eligible to be imported duty free for manufacture of handloom made ups or cotton made ups or manmade made ups for export. S.No.284 of notification No.12/2012-Customs, dated 17th March, 2012 as amended by notification No.12/2014-Customs, dated the 11th July 2014 refers.
The above information is a part of Import Export online Training
Click here to go back to INDIAN BUDGET 2014-2014 highlights
Excise and Customs - Click here to read complete notification under Budget 2014
Service Tax - Click here to read complete notification under Budget 2014
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