Changes in customs duty on import of goods under Chapter 7

Indian Budget 2018-19, changes in import BCD under chapter 7

 

Customs Duty Changes under new Budget 2019-20, click here

 

According to Indian Budget 2018-19, there is no changes in basic customs duty on import of goods under Chapter 7

 

The BCD rate tariff under this HS chapter may or may not change either before or at the time of next Indian Budget 2019-20.  

 

 

 

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Zero rated supply, section 16 of IGST Act,2017   

section 14 of IGST Act,2017, Special provision for payment of tax by a supplier                                            

Section 59 of CGST Act, 2017 Self-assessment    

Consumer Welfare Fund, Section 57 of CGST Act, 2017  

Refund of tax, Sec 54 of CGST Act, 2017

Transfer of input tax credit, Section 53 of CGST Act, 2017              

Tax deduction at source, Sec 51 of CGST Act, 2017           

Interest on delayed payment of tax, Section 50 of CGST Act, 2017            

Power to grant exemption from tax under section 6 of IGST Act,2017

Section 47 of CGST Act, 2017 Levy of late fee

Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances, IGST Act 2017

Section 42 of CGST Act, 2017 Matching, reversal and reclaim of input tax credit

Supplier under GST

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Single registration under GST


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