Budget 2020-21, basic Customs Duty on import of skins, leather and raw hides

Customs Duty changes on rskins, leather and raw hides  as per  Indian Budget 2020-21.

 

 

 

Basic Customs Tax changes on products under Chapter 41

The Customs duty changes declared as per Indian Budget 2020-21 on import of   raw hides and skins and leather is as follows:

 

 

The Union Budget 2020 presented in the parliament on February 1, 2020, Saturday, by the Union Finance Minister Nirmala Sitharaman. The Union Budget 2020 presented in parliament around 11 am on February 1. Usually the duration to present the Union Budget is 90 to 120 minutes. . Former finance minister Arun Jaitley changed the tradition in 2017 when he presented the Budget on February 1.

 

As per Indian Budget 2020-21, the basic customs duty changes on goods under chapter 41 is shown below.  If no changes on present customs basic duty on products under chapter  41 under Budget 2020-21 the same is mentioned:

 Entry at S. No. 286 of notification No.50/2017-Customs, dated 30th June, 2017 provides BCD exemption on Patent leather falling under tariff item 4114 20 10. On review, this entry is being omitted vide CUSTOMS Notification No 01 of 2020 dated 02nd February, 2020. Consequently, these goods will attract BCD applicable otherwise.

The above information explains about basic customs duty changes on import of goods under chapter 41 under Indian Union Budget 2020-2021. Discuss below your thoughts about customs duty on goods under chapter 41  as per Indian Budget 2020-21.

 

The above post explains about the clarifications below:

 

Explain the changes in basic custom duty on Raw skins of sheep under budget 2020-21. What is the BCD to be paid to customs on import of limed Raw skins of sheep under Indian Budget 2020-21. Is there any duty changes of customs on   Raw hides and skins of bovine as per Indian Budget 2020-21? What is the present basic import customs duty on fresh of cow  under Budget 2020-21 in India?  The rate of import basic customs duty on salted of cow under Indian Budget 2020-21. What is the customs duty on dried of cow as per budget 2020-21?  Any changes in customs duty on limed of fish under Indian Budget 2020-21. Budget 2020-21, what is the basic customs duty on dried fish.    Raw skins of lambs import duty payables under budget 2020-21. Whether import customs duty on pickled of Raw skins of sheep  decreased or increased under Indian Budget 2020-21.  Highlights of Indian budget on import customs duty on fresh sheep skins  Present rate of duty payable to customs on import of salted sheep skins in Budget 2020-21.  Declaration of customs duty on import of dried sheep skins based on Indian budget 2020-21.  Rate of import duty payable on fresh lamb skins as per Indian Budget 2020-21. Basic customs duty declared by Indian Budget 2020-21 on import of fresh  Raw skins of sheep   Basic Customs Duty  on salted  Raw skins of sheep under Indian Budget 2020-21.  Crust skins of sheep import duty changes under budget 2020-21.  What is the budget rate of import duty on crust skins of lambs as per Indian Budget 2020-21. Indian Budget 2020-21, import duty payable on crust skins of sheep of without wool.  Import duty rate changes on crust skins of sheep without lambs under Budget 2020-21. Customs Duty declared on salted raw skins of sheep for import under Indian Budget 2020-21. Import duty changes on salted lamb skins under Indian Budget 2020-21. 


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