Customs Duty changes on ships, boats and floating structures as per Indian Budget 2020-21

Budget 2020-21, basic Customs Duty on import of ships, boats and floating structures

 

Basic Customs Tax changes on products under Chapter 89

The Customs duty changes  declared as per Indian Budget 2020-21  on import of ships, boats and floating structures is as follows:

 

The Union Budget for financial year 2020-21 presented in the parliament by Union Finance Minister Nirmala Sitharaman on February 1. 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. Till 2016, the Union Budget was presented on the last working day of February. 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 89is shown below.  If no changes on present customs basic duty on products under chapter 89,under Budget 2020-21 the same is mentioned:

 According to Indian Budget 2020-21, there is no changes in basic customs duty on import of goods under Chapter 89.

The above information explains about basic customs duty changes on import of goods under chapter 89, under Indian Union Budget 2020-21. Discuss below your thoughts about customs duty on goods under chapter 89,  as per Indian Budget 2020-21.

 

 

 

The above post explains about the clarifications below:

 

Is there any duty changes of customs on  Cruise ships as per Indian Budget 2020-21? What is the present basic import customs duty on   excursion boats under Budget 2020-21in India?  The rate of import basic customs duty on Fishing vessels under Indian Budget 2020-21 What is the customs duty on Yachts   as  per budget 2019-20?  Any changes in customs duty on Sail boats  under Indian Budget 2020-21. Budget 2019-20, what is the basic customs duty on  Motorboats.  Explain the changes in basic custom duty on Canoes   under budget 2019-20.   Light- vesselsimport duty  payables under budget 2020-21.   Basic customs duty declared by Indian Budget 2020-21 on import of  Dredgers      Basic Customs Duty  on Floating docks     under Indian Budget 2020-21.  Customs Duty declared on Warships  for import under Indian Budget 2020-21.  What is the BCD to be paid to customs on import of   Inflatable rafts  under Indian Budget 2020-21. Whether import customs duty on tanks decreased or increased under Indian Budget 2020-21.  Highlights of Indian budget on import customs duty on ferry-boats.  Present rate of duty payable to customs on import of cargo ships in Budget 2020-21.  Declaration of customs duty on import of Barges  based on Indian budget 2020-21.  Import duty changes on Motorboats under Indian Budget 2019-2020.  Rate of import duty payable on rowing boats  as per Indian Budget 2020-21.   Refrigerated vessels import duty changes under budget 2020-21.  What is the budget rate of import duty on Trawlers  as per Indian Budget 2020-21. Indian Budget 2020-21, import duty payable on Sail boats.  Import duty rate changes on fishing vessels under Budget 2020-21.

 


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