Indian Budget 2020-2021, Import BCD on lac gums, vegetable saps, resins and extracts,

BCD on resins, lac gums, vegetable saps and extracts, as per Indian Budget 2020-21

 

Basic Customs Tax changes on goods under Chapter 13

The Customs duty changes declared as per Indian Budget 2020-21 on import of resins, lac gums, vegetable saps and extracts is as follows:

 

The Union Finance Minister Nirmala Sitharaman  presented Union Budget 2020 in Parliament around 11 am on February 1. . 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. Ahead of the Union Budget, an Economic Survey is presented by the Chief Economic Advisor.

As per Indian Budget 2020-21, the basic customs duty changes on goods under chapter 13 is shown below.  If no changes on present customs basic duty on products under chapter 13 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 13.

 

The above information explains about basic customs duty changes on import of goods under chapter 13,under Indian Union Budget 2020-2021.Discuss below your thoughts about customs duty on goods under chapter 13, as per Indian Budget 2020-21

 

 

 

The above post explains about the clarifications below:

 

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