Indian Budget 2020-21, Customs duty on import of arms and ammunition parts and accessories

Basic Customs duty on arms and ammunition parts and accessories thereof Indian Budget 2020-21

 

 

 

Basic Customs Tax changes on goods under Chapter 93

The below information provides the details of changes in basic Customs duty as per Indian Union Budget 2020-21 on arms and ammunition; parts and accessories thereof.

The Union Budget 2020 presented in the parliament on February 1, 2020, Saturday, by the Union Finance Minister Nirmala Sitharaman. 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. . 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 93 is shown below.  If no changes on present customs basic duty on products under chapter 93,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 93.

The above information explains about basic customs duty changes on import of goods under chapter 93, under Indian Union Budget 2020-21.Discuss below your thoughts about customs duty on goods under chapter 93,  as per Indian Budget 2020-21.

 

 

 

The above post explains about the clarifications below:

 

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