Increased import duty for non-essential items tariff measures

  

Customs duty increased on 19 items as detailed below:

 

 

   

               Item

    Tariff code

     (HSN)

    Basic customs duty

 

     From

       To

  1.  

 Air conditioners

         8415

        10

       20

  1.  

 Household Refrigerators

         8418

        10

       20

  1.  

 Washing machines less than 10 Kg

         8450

        10

       20

  1.  

 Compressor for air conditioners and   refrigerators

  8414 30 00 /

  8414 80 11

       7.5

       10

  1.  

 Speakers

  8518 29 00

       10

       15

  1.  

 Footwears

  6401 to 6405

       20

       25

  1.  

 Radial Car tyres

  4011 10 10

       10

       15

  1.  

Non   industrial   diamond   (other   than   rough diamonds), i.e., cut and polished diamond

   71

        5

       7.5

  1.  

 Diamonds-semi processed, half cut or broken

    71

        5

       7.5

  1.  

 Lab grown diamonds

    71

        5

       7.5

  1.  

 Cut and polished Colored gemstone

    71

        5

       7.5

  1.  

 Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

    7113

       15

       20

  1.  

Articles of Goldsmith or silversmith wares and parts thereof  of  precious  metal  or  of  metal  clad  with precious metal

    7114

       15

        20

  1.  

Bath, shower bath, sink, wash basin, etc. of plastics

    3922

       10

        15

  1.  

Articles of plastics for conveyance and packing such as boxes, case, containers, bottles, insulated ware etc

    3923

       10

        15

  1.  

Tableware, kitchenware and other household items of plastics

    3924

       10

        15

  1.  

Miscellaneous  items  of  plastics  such  as  office stationery, fitting for furniture’s, decorative sheets, statuettes, beads, bangles etc.

    3926

      10

        15

  1.  

Trunks,  Suitcase,  Executive  cases,  Brief  Cases, travel bags and other bags etc.

    4202

      10

        15

  1.  

Aviation turbine fuel

   2710 19 20

       0

         5

           

 

 Tariff measures taken to curb the imports of non-essential items

 

The Central Government has taken tariff measures, by way of increase in the basic customs duty, to curb import of certain imported items. These changes aim at narrowing the current account deficit (CAD).

 

Notifications are being issued today. These changes in rates of basic customs duty (BCD) will be effective from 27.09.2018 (i.e., midnight of 26th September/27th September, 2018)

  

The total value of imports of these items in the year 2017-18 was about Rs  86000 Crore.

 

 


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