Import Customs tax tariff changes for coated, covered or laminated textile fabric as per Indian Union Budget 2017-18
Customs Duty Changes under new Budget 2019-20, click here
Indian Budget 2017-18 is remarkable, as GST is being implemented before September, 2017. Indian Budget 2017-18 is presented along with Railway Budget. The details about changes in import customs duty for coated, covered or laminated textile fabric as per Budget 2017-18 is given under:
No changes in Customs Duty rates as per Indian Budget 2017-18 under this HSN chapter
Click here to read government notification on changes of import duty tariff rate under Indian Budget 2017-18, HSN code chapter wise.
Customs duty tariff rate changes as per Indian Budget 2017-18
Central Excise Duty changes as per Indian Budget 2017-18
Service Tax rate Changes under Indian Budget 2017-18
Customs Duty Changes under Indian Budget 2017-18
Indirect Taxes
I. PROPOSALS INVOLVING CHANGE IN DUTY / TAX RATES:
CUSTOMS:
|
|
Commodity
|
Rate of Duty
|
|
|
|
From
|
To
|
I.
|
Incentivizing domestic value addition, ‘Make in India’
|
A.
|
Reduction in Customs duty on inputs and raw materials to reduce costs
|
|
|
Mineral fuels and Mineral oils
|
|
|
|
-
|
Liquefied Natural Gas
|
BCD – 5%
|
BCD – 2.5%
|
|
|
Chemicals & Petrochemicals
|
|
|
|
-
|
Medium Quality Terephthalic Acid (MTA) & Qualified Terephthalic Acid (QTA)
|
BCD – 7.5%
|
BCD – 5%
|
|
|
Metals
|
|
|
|
-
|
Nickel
|
BCD – 2.5%
|
BCD – Nil
|
|
|
Finished Leather
|
|
|
|
-
|
Vegetable tanning extracts, namely, Wattle extract and Myrobalan fruit extract
|
BCD – 7.5%
|
BCD – 2.5%
|
|
|
Capital Goods
|
|
|
|
-
|
Ball screws, linear motion guides and CNC systems for use in the manufacture of CNC machine tools, subject to actual user condition
|
Ball screws and liner motion guides
BCD – 7.5%
CNC systems
BCD – 10%
|
BCD – 2.5%
|
|
|
Renewable Energy
|
|
|
|
-
|
All items of machinery required for fuel cell based power generating systems to be set up in the country or for demonstration purposes, subject to certain specified conditions
|
BCD – 10% /7.5%
CVD – 12.5%
|
BCD – 5%
CVD – 6%
|
|
-
|
All items of machinery required for balance of systems operating on biogas/ bio-methane/ by-product hydrogen, subject to certain specified conditions
|
BCD – 10% /7.5%
CVD – 12.5%
|
BCD – 5%
CVD – 6%
|
|
|
Miscellaneous
|
|
|
|
-
|
All parts for use in the manufacture of LED lights or fixtures, including LED lamps, subject to actual user condition
|
Applicable BCD, CVD
|
BCD – 5%
CVD – 6%
|
|
-
|
All inputs for use in the manufacture of LED Driver and MCPCB for LED lights or fixtures, including LED lamps, subject to actual user condition
|
Applicable BCD
|
5%
|
B.
|
Changes in Customs and Excise / CV duty to address the problem of duty inversions in certain sectors
|
|
|
Chemicals & Petrochemicals
|
|
|
|
-
|
o-Xylene
|
BCD – 2.5%
|
BCD – Nil
|
|
-
|
2-Ethyl Anthraquinone [2914 69 90] for use in manufacture of hydrogen peroxide, subject to actual user condition
|
BCD – 7.5%
|
BCD – 2.5%
|
|
-
|
Vinyl Polyethylene Glycol (VPEG) for use in manufacture of Poly Carboxylate Ether, subject to actual user condition
|
BCD – 10%
|
BCD – 7.5%
|
|
|
Textiles
|
|
|
|
-
|
Nylon mono filament yarn for use in monofilament long line system for Tuna fishing, subject to certain specified conditions
|
BCD – 7.5%
|
BCD – 5%
|
|
|
Metals
|
|
|
|
-
|
Co-polymer coated MS tapes / stainless steel tapes for manufacture of specified telecommunication grade optical fibres or optical fibre cables, subject to actual user condition
|
BCD – Nil
|
BCD – 10%
|
|
-
|
MgO coated cold rolled steel coils [7225 19 90] for use in the manufacture of CRGO steel, subject to actual user condition
|
BCD – 10%
|
BCD – 5%
|
|
-
|
Hot Rolled Coils [7208] for use in the manufacture of welded tubes and pipes falling under heading 7305 or 7306, subject to actual user condition
|
BCD – 12.5%
|
BCD – 10%
|
|
|
Automobiles
|
|
|
|
-
|
Clay 2 Powder (Alumax) for use in ceramic substrate for catalytic convertors, subject to actual user conditon
|
BCD – 7.5%
|
BCD – 5%
|
|
|
Renewable Energy
|
|
|
|
-
|
Solar tempered glass for use in the manufacture of solar cells/panels/modules
|
BCD – 5%
|
BCD – Nil
|
|
-
|
Parts/raw materials for use in the manufacture of solar tempered glass for use in solar photovoltaic cells/modules, solar power generating equipment or systems, flat plate solar collector, solar photovoltaic module and panel for water pumping and other applications, subject to actual user condition
|
CVD – 12.5%
|
CVD – 6%
|
|
-
|
Resin and catalyst for use in the manufacture of cast components for Wind Operated Energy Generators [WOEG], subject to actual user condition
|
BCD – 7.5%
CVD – 12.5%
SAD – 4%
|
BCD – 5%
CVD – Nil
SAD – Nil
|
|
|
Miscellaneous
|
|
|
|
-
|
Membrane Sheet and Tricot / Spacer for use in the manufacture of RO membrane element for household type filters, subject to actual user condition
|
CVD – 12.5%
|
CVD – 6%
|
C.
|
Changes in Customs duty to provide adequate protection to domestic industry
|
|
|
Food Processing
|
|
|
|
-
|
Cashew nut, roasted, salted or roasted and salted
|
BCD – 30%
|
BCD – 45%
|
|
|
Electronics / Hardware
|
|
|
|
-
|
Populated Printed Circuit Boards (PCBs) for use in the manufacture of mobile phones, subject to actual user condition
|
SAD – Nil
|
SAD – 2%
|
|
|
Miscellaneous
|
|
|
|
-
|
RO membrane element for household type filters
|
BCD – 7.5%
|
BCD – 10%
|
D.
|
Promotion of cashless transactions and promote domestic manufacturing of devices used therefor
|
|
-
|
a) Miniaturized POS card reader for m-POS (not including mobile phones or tablet computer),
b) Micro ATM as per standards version 1.5.1,
c) Finger Print Reader / Scanner, and
d) Iris Scanner
|
Applicable BCD, CVD SAD
|
BCD – Nil
CVD – Nil
SAD – Nil
|
|
-
|
Parts and components for manufacture of:
a) miniaturized POS card reader for m-POS (not including mobile phones or tablet computer),
b) micro ATM as per standards version 1.5.1,
c) Finger Print Reader / Scanner, and
d) Iris Scanner
|
Applicable BCD, CVD SAD
|
BCD – Nil
CVD – Nil
SAD – Nil
|
II.
|
Imposition of export duty to conserve domestic resources
|
|
-
|
Other aluminium ores, including laterite
|
Nil
|
15%
|
III.
|
Improving ease of doing business and Export Promotion
|
|
-
|
De-minimis customs duties exemption limit for goods imported through parcels, packets and letters
|
Duty payable not exceeding Rs.100 per consignment
|
CIF value not exceeding Rs.1000 per consignment
|
|
-
|
Limit of duty free import of eligible items for manufacture of leather footwear or synthetic footwear or other leather products for use in the manufacture of said goods for export
|
3% of FOB value of said goods exported during the preceding financial year
|
5% of FOB value of said goods exported during the preceding financial year
|
IV.
|
Anti-avoidance measure
|
|
-
|
Silver medallion, silver coins, having silver content not below 99.9%, semi-manufactured form of silver and articles of silver
|
CVD – Nil
|
CVD – 12.5%
|
Note: (a) “Basic Customs Duty” means the customs duty levied under the Customs Act, 1962.
(b) “CVD” means the Additional Duty of Customs levied under sub-section (1) of section 3 of the Customs Tariff Act, 1975.
(c) “SAD” means the Special Additional Duty of Customs levied under sub-section (5) of section 3 of the Customs Tariff Act, 1975.
(d) “Export duty” means duty of Customs leviable on goods specified in the Second Schedule to the Customs Tariff Act, 1975.
GST rate for coated, covered or laminated textile fabric also is expected to declare once after introduction of GST this year, before September, 2017.
Also read:
Find HSN code of your product
All about GST Registration process in India
How to Export your commodity?
Learn GST easily in simple understanding
How to start an Export Business in India?
How to get Export Order?
Learn Imports and Exports online free
Financial schemes for Exporters in India
How to open Letter of Credit?
Types of Export Containers
How to Import goods to India?
Transhipment - A redefinition
Types of Insurance Documents
Travelers to India under import duty exemption, Frequently Asked Questions Part 2
Triangular export
Triangular shipment
Types of Insurance Documents.
What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?
What is the Procedure for importing goods through Post offices in India
What is Third Party Exports? Difference between manufacturer exporter and third party exporter.
What is VACIS exam in US import customs clearance
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
Which category of exporter are you? Merchant Exporter,Manufacturer exporter,Service exporter Project Exporter or Deemed Exporter
Import Customs duty for textile book covered paint canvas, fabric, tracing cloth in Indian Budget 2017-18
Rate of Customs tax for import of tire cord fabric of high tenacity nylon, yarn as per Indian Budget
Import Customs taxes charges payable for rubberized textile fabrics, other than tire cord in India under recent Budget
Present Customs import duty for floor cover with coat, linoleum etc. on a text base under new India Budget
Any changes in Customs import tax for textile fabrics (not tire cord) coat, plastics etc. under recent Indian Budget
Is Customs import tax applicable for textile wall coverings in India Budget 2017-18
Percentage of import Customs tax for lamps, gas mantles and textile wicks etc. in Indian Budget
Import Customs duty to be paid for coated, back-cloths, theatrical scenery, textile fabric, etc. in India as per new Budget 2017-18
Government Customs duty to import conveyor / transmission belts, text marl, whether/not reinforced
Import Customs duty charges for textile hose piping and similar textile tubing under recent India Budget 2017-18
Government Customs tax expenses to import textile products etc. for specific tech uses