Posted on 02 May 2018
Indian Budget 2018-19, changes in BCD under Miscellaneous
1) Social Welfare Surcharge is being levied on imported goods with effect from 2nd February, 2018, to provide and finance education, health and social security. Clause 108 of the Finance Bill refers. By virtue of a declaration under the Provisional Collection of Taxes Act, 1931, the levy of Social Welfare Surcharge will come into immediate effect, that is with effect from 2n d February, 2018.
2) Education
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Posted on 02 May 2018
Indian Budget 2018-19, changes in import basic duty under chapter 96
According to Indian Budget 2018-19,
BCD on all goods falling under heading 9611 is being increased from 10% to 20% by increasing the tariff rate. [Clause 101(a) of the Finance Bill, 2018 refers].
BCD on all goods falling under heading 9613 is being increased from 10% to 20% by increasing the tariff rate. [Clause 101(a) of the Finance Bill, 2018 refers].
BCD on falling under he
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