Note:
(a) “Basic Customs Duty (BCD)” means the customs duty levied under the Customs Act, 1962.
(b) “Agriculture Infrastructure and Development Cess (AIDC)” means a duty of customs that is levied under Section 124 of the Finance Act, 2021.
(c) “Road and Infrastructure Cess (RIC)” means an additional duty of customs that is levied under Section 111 of the Finance Act, 2018.
(d) “Health Cess” means a duty of customs that is levied under Section 141 of the Finance Act, 2020.
(e) “Social Welfare Surcharge (SWS)” means a duty of customs that is levied under Section 110 of the Finance Act, 2018.
(f) Clause Nos. in square brackets [ ] indicate the relevant clause of the Finance (No. 2) Bill, 2024.
(g) Amendments carried out through the Finance (No. 2) Bill, 2024, will come into effect on the date of its enactment, unless otherwise specified.
1. Amendments to The Customs Act, 1962
S. No. | Amendment | Clause of the Finance (No. 2)
Bill, 2024 |
These changes will come into effect from the date of enactment of the Finance (No. 2) Bill, 2024 | ||
1. | Section 28 DA is being amended to enable the acceptance of different types of proof of origin provided in trade agreements in order to align the said section with new trade agreements, which provide for self-certification. | [100] |
2. | A proviso to sub-section (1) of Section 65 is being inserted to empower the Central Government to specify certain manufacturing and other operations in relation to a class of goods that shall not be permitted in a warehouse. | [101] |
3. | Section 143AA of the Customs Act is being amended by substituting the expression “a class of importers or exporters” with “a class of importers or exporters or any other persons” for the purpose of facilitating trade. | [102] |
4. | Clause (m) of subsection (2) of section 157 of the Customs Act is being amended by substituting the expression “a class of importers or exporters” with “a class of importers or exporters or any other persons” | [103] |
2. Amendments to the Customs Tariff Act, 1975.
S. No. | Amendment to section | Clause of the Finance (No. 2) Bill, 2024 |
1. | Section 6 of the Customs Tariff Act, 1975 which provided for levy of protective duties in certain cases by the Central Government on the recommendations of the Tariff Commission is being omitted, as the Tariff Commission has been wound up by resolution dated 1st June 2022 by the Government of India. This change will come into effect from the date of enactment of the Finance (No. 2) Bill, 2024 | [106] |
3. Amendments to the First Schedule to The Customs Tariff Act, 1975.
A. | Increase in Tariff rate (to be effective from 24.07.2024) * [Clause [107(a)] of the Finance (No. 2) Bill, 2024] read with Third Schedule.
*Will come into effect immediately through a declaration under the Provisional Collection of Taxes Act,2023 |
Rate of Duty |
S. No. | Heading, sub- heading, tariff item | Commodity | From | To |
Plastics | ||||
1. | 3920, 3921 | Poly vinyl chloride (PVC) flex films (also known as PVC flex banners or PVC flex sheets)
{The currently applicable BCD on all other goods falling under heading 3920 and 3921 shall be maintained by suitable amendment in the relevant notification(s)} |
10% | 25% |
Consumer goods | ||||
2. | 6601 10 00 | Garden umbrellas | 20% | 20% or Rs. 60 per piece, whichever is higher |
Chemicals | ||||
3. | 9802 00 00 | Laboratory chemicals
(Heading 9802 covers all chemicals, organic or inorganic, whether or not chemically defined, imported in packings not exceeding 500 gms or 500 millilitres and which can be identified with reference to the purity, markings or other features to show them to be meant for use solely as laboratory chemicals) |
10% | 150% |
B. | Tariff rate changes (without change in effective rate of duty) to be effective from 01.10.2024 [Clause [107(b)] of the Finance (No. 2) Bill, 2024]
Note: The currently applicable rate of Basic Customs Duty on these commodities shall be maintained by suitable amendment in the relevant notification(s). |
Rate of Duty | ||
S. No. | Heading, sub- heading tariff item | Commodity | From | To |
1. | 2008 19 20 | Other roasted nuts and seeds, including such arecanuts | 30% | 150% |
2. | 2008 19 30 | Other nuts, otherwise prepared or preserved, including such arecanuts | 30% | 150% |
C | Amendment in tariff entries | Clause of the Finance
(No. 2) Bill, 2024 |
1. | The First Schedule to the Customs Tariff Act,
1975 is also being amended to modify the tariff entries with effect from 1st October, 2024. |
[107(b)]
read with Fourth Schedule |
4. Amendments to Other Proposals Involving Changes in Basic Customs Duty Rates in Notifications
A. Changes in Basic Customs Duty (to be effective from 24.07.2024)
S. No. | Chapter, Heading, sub- heading, tariff item | Commodity | From | To |
I. | Agricultural Products | |||
1. | 1207 99 90 | Shea nuts | 30% | 15% |
II. | Aquafarming & Marine Exports | |||
1. | 0306 36 | Live SPF Vannamei shrimp (Litopenaeus vannamei) broodstock | 10% | 5% |
2. | 0306 36 | Live Black tiger shrimp (Penaeus monodon) broodstock | 10% | 5% |
3. | 0306 36 60 | Artemia | 5% | Nil |
4. | 0511 91 40 | Artemia cysts | 5% | Nil |
5. | 0308 90 00 | SPF Polychaete worms | 30% | 5% |
6. | 1504 20 | Fish lipid oil for use in manufacture of aquatic feed | 15% | Nil |
7. | 1504 20 | Crude fish oil for use in manufacture of aquatic feed | 30% | Nil |
8. | 1518 | Algal Oil for use in manufacture of aquatic feed | 15% | Nil |
9. | 2102 20 00 | Algal Prime (flour) for use in manufacture of aquatic feed | 15% | Nil |
10. | 2309 90 90 | Mineral and Vitamin Premixes for use in manufacture of aquatic feed | 5% | Nil |
11. | 2301 10 90 | Insect meal for use in Research & Development purposes in aquatic feed manufacturing | 15% | 5% |
12. | 2309 90 90 | Single Cell Protein from Natural Gas for use in Research & Development purposes in aquatic feed manufacturing | 15% | 5% |
13. | 2301 20 | Krill Meal for use in manufacture of aquatic feed | 5% | Nil |
14. | 1901 | Pre-dust breaded powder for use in processing of sea-food | 30% | Nil |
15. | 2309 90 31 | Prawn and shrimps feed | 15% | 5% |
16. | 2309 90 39 | Fish feed | 15% | 5% |
III. | Critical Minerals | |||
1. | 2504 | Natural Graphite | 5% | 2.5% |
2. | 2505 | Natural sands of all kinds, whether or not coloured, other than metal bearing sands of chapter 26 of The Customs tariff Act, 1975 | 5% | Nil |
3. | 2506 | Quartz (other than natural sands); quartzite, whether or not roughly | 5% | 2.5% |
trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape | ||||
4. | 2530 90 91 | Strontium sulphate (natural ore) | 5% | Nil |
5. | 2603 00 00 | Copper ores and concentrates | 2.5% | Nil |
6. | 2605 00 00 | Cobalt ores and concentrates | 2.5% | Nil |
7. | 2609 00 00 | Tin ores and Concentrates | 2.5% | Nil |
8. | 2611 00 00 | Tungsten Ores and Concentrates | 2.5% | Nil |
9. | 2613 | Molybdenum ores and concentrates | 2.5% | Nil |
10. | 2615 10 00 | Zirconium ores and concentrates | 2.5% | Nil |
11. | 2615 90 | Hafnium Ores and concentrates | 2.5% | Nil |
12. | 2615 90 10 | Vanadium ores and concentrates | 2.5% | Nil |
13. | 2615 90 20 | Niobium or tantalum ores and concentrates | 2.5% | Nil |
14. | 2617 | Antimony Ores and Concentrates | 2.5% | Nil |
15. | 2804 50 20 | Tellurium | 5% | Nil |
16. | 2804 61 00 | Silicon, containing by weight not less than 99.99% of silicon | 5% | Nil |
17. | 2804 69 00 | Other silicon | 5% | Nil |
18. | 2804 90 00 | Selenium | 5% | Nil |
19. | 2805 30 00 | Alkali or alkaline earth metals,Rare-earth metals, scandium and yttrium, whether or not intermixed or inter alloyed | 5% | Nil |
20. | 2811 22 00 | Silicon dioxide | 7.5% | 2.5% |
21. | 2815 20 00 | Potassium hydroxide | 7.5% | Nil |
22. | 2816 40 00 | Oxides, hydroxides and peroxides, of strontium or barium | 7.5% | Nil |
23. | 2822 00 10 | Cobalt oxides | 7.5% | Nil |
24. | 2822 00 20 | Cobalt hydroxides | 7.5% | Nil |
25. | 2822 00 30 | Commercial cobalt oxides | 7.5% | Nil |
26. | 2825 20 00 | Lithium oxide and hydroxide | 7.5% | Nil |
27. | 2825 30 | Vanadium oxides and hydroxides | 2.5%/7.5% | Nil |
28. | 2825 60 10 | Germanium oxides | 7.5% | Nil |
29. | 2825 70 | Molybdenum oxides and hydroxides | 7.5% | Nil |
30. | 2825 80 00 | Antimony oxides | 7.5% | Nil |
31. | 2825 90 20 | Cadmium oxides | 7.5% | Nil |
32. | 2827 35 00 | Chlorides of Nickel | 7.5% | Nil |
33. | 2827 39 30 | Strontium chloride | 7.5% | Nil |
34. | 2833 24 00 | Sulphates of Nickel | 7.5% | Nil |
35. | 2834 21 00 | Nitrates of potassium | 7.5% | Nil |
36. | 2836 91 00 | Lithium carbonates | 7.5% | Nil |
37. | 2836 92 00 | Strontium carbonates | 7.5% | Nil |
38. | 2841 90 00 | Salts of oxometallic or peroxometallic acids of Beryllium and Rhenium | 7.5% | Nil |
39. | 2846 | Compounds, inorganic or organic of rare earth metals | 7.5% | Nil |
40. | 2918 15 30 | Bismuth citrate | 7.5% | Nil |
41. | 3801 | Artificial Graphite, colloidal or semi-colloidal graphite, preparations based on graphite or other carbon in form of pastes, blocks, plates or other semi-manufactures | 7.5% | 2.5% |
42. | 8001 | Unwrought Tin | 5% | Nil |
43. | 8101 94 00 | Unwrought tungsten, including bars and rods obtained simply by sintering | 5% | Nil |
44. | 8102 94 00 | Unwrought molybdenum, including bars and rods obtained simply by sintering | 5% | Nil |
45. | 8103 20 | Unwrought tantalum, including bars and rods obtained simply by sintering, powders | 5% | Nil |
46. | 8105 20 20 | Cobalt, unwrought | 5% | Nil |
47. | 8106 10 10 | Bismuth, unwrought | 2.5% | Nil |
48. | 8109 21 00 | Unwrought zirconium,powders, Containing less than 1 part hafnium to 500 parts zirconium by weight | 10% | Nil |
49. | 8110 10 00 | Unwrought antimony, powders | 2.5% | Nil |
50. | 8112 12 00 | Beryllium unwrought,powders | 5% | Nil |
51. | 8112 31 | Hafnium unwrought, waste and scrap,powders | 10% | Nil |
52. | 8112 41 10 | Rhenium unwrought | 10% | Nil |
53. | 8112 69 10 | Cadmium unwrought, powders | 5% | Nil |
54. | 8112 69 20 | Cadmium, wrought | 5% | Nil |
55. | 8112 92 00 | Unwrought; waste and scrap; powder of, –
(i) Gallium (ii) Germanium (iii) Indium (iv) Niobium (v) Vanadium |
5% | Nil |
IV. | Steel Sector | |||
1. | 7202 60 00 | Ferro Nickel | 2.5% | Nil |
2. | 7204 | Ferrous Scrap | Nil (till 30.09.2024) | Nil (till 31.03.2026) |
3. | 7225 | Certain specified raw materials for manufacture of CRGO steel | Nil (till 30.09.2024) | Nil (till 31.03.2026) |
V. | Copper | |||
1. | 7402 00 10 | Blister Copper | 5% | Nil |
VI. | Chemicals and Plastics | |||
1. | 3102 30 00 | Ammonium Nitrate, whether or not in aqueous solution | 7.5% | 10% |
2. | 3920 (other
than 3920 99 99) or 3921 |
All goods other than Poly vinyl chloride (PVC) flex films/flex banner | 25%
(with effect from 24.07.2024) |
10% |
3. | 3920 99 99 | All goods other than Poly vinyl chloride (PVC) flex films/flex banner | 25%
(with effect from 24.07.2024) |
15% |
VII. | Textile and Leather Sector | |||
1. | 2929 10 90 | Methylene Diphenyl Di-isocyanate (MDI) for use in the manufacture of Spandex Yarn | 7.5% | 5% Subject to IGCR conditio ns |
2. | 41 | Wet white, Crust and finished | 10% | Nil |
leather for manufacture of textile or leather garments, leather /synthetic footwear or other leather products, for export | Items under Sl. No. 257B and 257C of Notificat ion 50/2017 – Customs, dated 30.06.2017 | |||
3. | 38,48 or any other Chapter | Certain additional accessories and embellishments for manufacture of textile or leather garments, leather/synthetic footwear or other leather products, for export | As applicable | Nil Items under Sl. No. 257B and 257C of Notificati on 50/2017 – Customs, dated 30.06.2017 |
4. | 0505 10 | Real Down Filling Material from Duck or Goose for use in the manufacture of textile or leather garments for export | 30% | 10% |
VIII. | Cancer Drugs | |||
1. | 30 | (i) Trastuzumab Deruxtecan,
(ii) Osimertinib, (iii) Durvalumab |
10% | Nil |
IX. | Precious Metals | |||
1. | 7108 | Gold bar | 15% | 6% |
2. | 7108 | Gold dore | 14.35% | 5.35% |
3. | 7106 | Silver bar | 15% | 6% |
4. | 7106 | Silver dore | 14.35% | 5.35% |
5. | 7110 | Platinum, Palladium, Osmium, Ruthenium, Iridium | 15.4% | 6.4% |
6. | 7118 | Coins of precious metals | 15% | 6% |
7. | 7113 | Gold/Silver findings | 15% | 6% |
8. | 71 | Platinum and Palladium used in the manufacture of noble metal solutions, noble metal compounds and catalytic convertors | 7.5% | 5% |
9. | 84 | Bushings made of platinum and rhodium alloy when imported in exchange of worn out or damaged bushings exported out of India | 7.5% | 5% |
X. | Medical Equipment | |||
1. | 39 | All types of polyethylene for use in manufacture of orthopaedic implants falling under sub-heading 9021 10 | As applicable | Nil |
2. | 39, 72, 81 | Special grade stainless steel, Titanium alloys, Cobalt-chrome alloys, and All types of polyethylene for use in manufacture of other artificial parts of the body falling under sub-heading 9021 31 or 9021 39 | As applicable | Nil |
3. | 9022 30 00 | X-ray tubes for use in manufacture of X-ray machines for medical, surgical, dental or veterinary use | 15% | 5% (till 31st March 2025) 7.5% (w.e.f 1st April, 2025 to 31st March, 2026) 10% (w.e.f 1st April, 2026) |
4. | 9022 90 90 | Flat panel detectors (including scintillators) for use inmanufacture of X-ray machines for medical, surgical, dental or veterinary use | 15% | 5% (till 31st March 2025) 7.5% (w.e.f 1st April, 2025 to 31st March, 2026) 10% (w.e.f 1st April, 2026) |
XI. | IT and Electronics Sector | |||
1. | 8517 13 00,
8517 14 00 |
Cellular mobile phone | 20% | 15% |
2. | 8504 40 | Charger/Adapter of cellular mobile phone | 20% | 15% |
3. | 8517 79 10 | Printed Circuit Board Assembly (PCBA) of cellular mobile phone | 20% | 15% |
4. | 28, 29, 38 | Specified parts for use in manufacture of connectors | 5%/7.5% | Nil |
5. | 74 | Oxygen Free Copper for use in manufacture of Resistors | 5% | Nil |
6. | 40 | Specified die-cut parts for use in manufacture of cellular mobile phones | As applicable | Nil |
7. | 40, 70, 76 | Specified mechanics for use in manufacture of cellular mobile phones | As applicable | Nil |
8. | 8517 79 10 | Printed Circuit Board Assembly (PCBA) of specified telecom equipment | 10% | 15% |
XII. | Renewable Energy Sector | |||
1. | 84, 85, or any other chapter | Specified capital goods for use in manufacture of solar cells or solar modules, and parts for manufacture of such capital goods | 7.5% | Nil |
2. | 7007 | Solar glass for manufacture of solar cells or solar modules | Nil | 10%
(w.e.f. 1.10.20 24) |
3. | 74 | Tinned copper interconnect for manufacture of solar cells or solar modules | Nil | 5%(w.e.f 1.10.20
24) |
XIII. | Shipping | |||
1. | Any Chapter | Components and consumables for use in manufacture of specified vessels | As applicable | Nil |
2. | Any Chapter | Technical documentation and spare parts for construction of warships | As applicable | Nil |
XIV. | Capital goods | |||
1. | Any Chapter | Goods under S. No. 404 of Notification No. 50/2017 Customs, used for petroleum exploration operations | As applicable | Nil |
B. Changes in Export Duty (To be effective from 24.7.2024)
B. | Changes in Export Duty (To be effective from 24.7.2024)
Effective export duty on raw skins, hides & leather is being simplified and rationalized. The changes are as follows – |
Rate of Duty | ||
S. No. | Chapter or Heading | Commodity | From | To |
1. | 4101 to 4103 | Raw Hides & skins, all sorts (other than buffalo) | 40% | 40% |
2. | 4101 | Raw Hides & skins of buffalo | 30% | 30% |
3. | 4104 to 4106 | Tanned or crust hides of skins, whether or not split, but not further prepared | 40 | 20% |
4. | 4104 to 4106 | E.I. tanned leather | Nil | Nil |
5. | 41 | Finished leather as defined by DGFT finished leather norms | Nil | Nil |
6. | 4301 | Raw fur skins | 60%/10% | 40% |
7. | 4302 | Tanned or dressed furskin | 60% | 20% |
5. Other Miscellaneous Amendments to Customs Act, 1962.
A. Validation of notifications
These changes will come into effect from date of enactment of the Finance (No. 2) Bill, 2024.
S. No. | Amendment | Clause of the Finance (No. 2) Bill, 2024 |
1. | Notification No. 37/2023- Customs dated 10.5.23 is being validated for the period from 1st April, 2023 up to and inclusive of 10th May, 2023 to provide exemption from basic customs duty and AIDC on imports of crude soyabean oil and crude sunflower seed oil subject to availability of unutilized quota in TRQ authorization for FY 2022-23 allotted by DGFT and Bill of lading issued on or before 31st March, 2023. | [105] |
2. | Based on the recommendation of the GST Council in its 53rd meeting, GST Compensation Cess is being exempted with effect from 1st July, 2017 on imports in SEZ by SEZ units or developers for authorized operations. | [104] |
B. Amendment of Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995
The Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995 have been amended to insert a provision for New Shipper Review. This will be effective from 24.7.2024.
C. Other notification changes
These changes will be effective from 24.7.2024
S. No. | Notification No. | Subject |
1. | 38/2024-Customs dated 23.07.2024 | Currently, articles of foreign origin can be imported into India for repairs subject to their re-exportation within six months extendable to 1 year. The duration for export in the case of aircraft and vessels imported for maintenance, repair and overhauling has been increased from 6 months to 1 year, further extendable by 1 year. |
2. | 39/2024-Customs dated 23.07.2024 | The time-period of duty-free re-import of goods (other than those under export promotion schemes) exported out from India under warranty has been increased from
3 years to 5 years, further extendable by 2 years. |
3. | 31/2024-Customs dated 23.07.2024 | The India-UAE CEPA Tariff notification is being amended as consequential changes in duty rates on precious metals. |
6. Review of Customs duty Exemptions
A. Review of conditional exemption rates of BCD prescribed in Notification no. 50/2017-Customs dated 30.6.2017:
(i) The BCD exemption for the goods covered under following serial numbers of the notification are being extended upto 31st March, 2026 unless specified otherwise.
S. No. | S N of 50/17-Cus | Brief Description |
1. | 17 | Specified Planting materials, namely, oilseeds, seeds of
vegetables, tubers, etc. |
2. | 80A | Algal oil for manufacturing of aquatic feed |
3. | 90 | Lactose for use in manufacture of homeopathic medicines |
4. | 104 | Specified goods used in processing of sea-food |
5. | 133 | Gold ores and concentrates |
6. | 139 | Bunker Fuels namely: (i). IFO 180 CST; (ii). IFO 380 CST; (iii). VLSFO (CTH 27) |
7. | 150 | Naphtha for manufacture of Fertilisers (scope of exemption is being reduced only to Naphtha) |
8. | 155 | Liquefied petroleum gases (LPG) received from unit in SEZ and returned by the DTA unit to the SEZ unit |
9. | 164 | Electrical energy supplied from SEZ unit to DTA |
10. | 165 | Electrical energy supplied from SEZ to DTA |
11. | 172 | Specified goods used in manufacture of silicon wafers or solar wafers, for manufacture of solar cell or module |
12. | 183 | Medical use fission Molybdenum-99 (Mo-99) for use in manufacture of radio pharmaceuticals |
13. | 184 | Pharmaceutical Reference Standard |
14. | 188 | Goods for manufacture of ELISA Kits |
15. | 191 | Maltol for manufacture of deferiprone |
16. | 204 | Anthraquinone or 2-Ethyl Anthraquinone for use in manufacture of Hydrogen peroxide |
17. | 237 | Specified material for manufacture of EVA (Ethylene Vinyl Acetate) sheets or backsheet, which are used in the manufacture of solar photovoltaic cells or modules (Scope of materials which can be imported is being increased) |
18. | 253 | Specified Goods for manufacture of Brushless Direct Current (BLDC) motors |
19. | 257 | Tags, labels, stickers, belts, buttons, hangers or printed bags, imported by bonafide exporters |
20. | 257A | Specified goods used in manufacture of handicraft items for export when imported by bonafide exporter |
21. | 257B | Specified goods used in manufacture of textile or leather garments for export when imported by bonafide exporter |
22. | 257C | Specified goods used in manufacture of leather or synthetic footwear or other leather products for export when imported by bonafide exporter |
23. | 258 | Security fibre, threads, Paper based Taggant, M-feature for use in manufacture of security paper by Security Paper Mill, Hoshangabad and Bank Note Paper Mill India Pvt Ltd, Mysore. |
24. | 259 | Raw materials for manufacture of security fibre and security thread for supply to Security Paper Mill, Hoshangabad and Bank Note Paper Mill India Pvt. Ltd, Mysore for use in manufacture of security paper |
25. | 260 | Goods for the manufacture of specified orthopedic implants (902110) |
26. | 261 | Raw material for manufacture of Copper-T Contraceptive
(i) Alatheon (ii) Copper Wire |
27. | 265 | Capacitor grades polypropylene granules for manufacture of Capacitor grade plastic |
28. | 269 | Super absorbent polymer for manufacture of adult diapers and specified goods |
29. | 271 | Polytetrametylene ether glycol, (PT MEG) for use in manufacture of spandex yarn |
30. | 276 | Ethylene- propylene- non-conjugated diene rubber (EPDM) for manufacture of insulated wire and cables |
31. | 279 | New or retreated Pneumatic tyres of rubber for use in servicing, repair of maintenance of aircrafts used for operating scheduled air transport service or scheduled air cargo service etc |
32. | 280 | New or retreated Pneumatic tyres of rubber for use in servicing, repair or maintenance of aircraft imported or procured by Aero Club of India/ for flying training purpose/ operating non-scheduled (passenger or charter) services/ AAI for flight calibration purpose |
33. | 290 | Wood pulp for manufacture of newsprint, paper or paperboard |
34. | 292 | Goods imported for manufacture of paper, paper boards, newsprint |
35. | 293A | Newsprint and uncoated paper imported for printing of newsprint |
36. | 296A | Lightweight coated paper imported by actual users for printing of magazines |
37. | 326 | Hydrophilic /Hydrophobic Non- Woven, imported for use in the manufacture of Adult Diapers |
38. | 329 | Pile fabrics for the manufacture of toys |
39. | 333 | Moulds, tools and dies, for the manufacture of parts of electronic components or electronic equipment |
40. | 334 | (i) Graphite Felt or Graphite pack for growing silicon ingots (ii) Thin Steel wire used in wire saw for slicing of silicon wafers |
41. | 345A | Simply Sawn Diamonds |
42. | 364A | Spent catalyst or ash containing precious metals |
43. | 368 | Ferrous Scrap |
44. | 374 | Magnesium Oxide (MgO) coated cold rolled steel coils for use in manufacture of cold rolled grain oriented (CRGO) steel |
45. | 375 | Specified items for manufacture of cold rolled grain- oriented steel (CRGO) steel |
46. | 378 | Metal parts for manufacture of electrical insulators falling under heading 8546 |
47. | 379 | Pipes and tubes for use in manufacture of boilers |
48. | 380 | Forged steel rings for manufacture of special bearings for use in wind operated electricity generators |
49. | 381 | Flat copper wire for use in the manufacture of photo voltaic ribbon for manufacture of solar photovoltaic cell or modules |
50. | 392 | Dies for drawing metal, where imported after repairs from abroad |
51. | 403 | Parts and raw materials for offshore oil exploration |
52. | 404 | Specified items including capital goods and raw materials for off shore oil exploration |
53. | 415 | Parts for manufacture of catalytic convertors |
54. | 415A | Platinum or Palladium for manufacture of Noble Metal Compounds & Noble Metal Solutions |
55. | 416 | Ceria zirconia compounds for use in the manufacture of washcoat for catalytic converters |
56. | 417 | Cerium compounds for use in the manufacture of washcoat for catalytic converters |
57. | 418 | Zeolite for use in the manufacture of washcoat for catalytic converters |
58. | 422 | Machinery, electrical equipment for use in semiconductor wafer and LCD |
59. | 423 | Machinery, electrical equipment for use in marking and packaging of semiconductor chips |
60. | 426 | Specified goods for the manufacture of semiconductor devices, memory card, IC, solar cell |
61. | 435 | Capital goods for printing industry |
62. | 442 | Bushings made of Platinum and Rhodium alloy when imported in exchange of worn out or damaged bushings exported out of India |
63. | 446 | Parts and components for manufacture of tunnel boring machines |
64. | 451 | Evacuated tubes with three layers of solar selective coating for use in manufacture of solar water heater |
65. | 462 | Ball screws for use in the manufacture of CNC Lathes |
66. | 463 | Linear Motion Guides for use in the manufacture of CNC Lathes |
67. | 464 | CNC Systems for use in the manufacture of CNC Lathes |
68. | 464A | Goods for manufacture of plastic processing machineries |
69. | 467 | Parts and components of cash dispenser or automatic bank note dispenser |
70. | 468 | Parts for manufacture of Micro ATM, Fingerprint reader/scanner, Iris scanner, Miniaturised POS (Scope of exemption is being limited to import of raw materials only) |
71. | 471 | All parts for use in the manufacture of LED lights |
72. | 472 | All inputs for use in the manufacture of LED driver or MCPCB for LED lights |
73. | 476 | Television equipment, cameras etc for taking films, imported by a foreign film unit or television team |
74. | 477 | Filming equipment of foreign origin if imported into India after having been exported therefrom. |
75. | 480 | Goods imported for being tested in specified test centers |
76. | 489B | Goods for manufacturing of Microphones |
77. | 504 | Parts and Components of Digital Still Image Video Cameras |
78. | 509 | Parts, components and accessories for manufacture of Digital Video Recorder |
79. | 510 | Parts, components and accessories for use in manufacture of reception apparatus for television |
80. | 511 | Parts, components and accessories for manufacture of CCTV Camera |
81. | 512 | Specified Parts, components and for use in manufacture of Lithium-ion battery and battery pack |
82. | 512A | Inputs, parts or sub-parts for use in the manufacturing of Printed Circuit Board Assembly |
83. | 515A | Open Cell for manufacture of TV Panel |
84. | 516 | The following goods for use in the manufacture of Liquid Crystal Display (LCD) /LED TV Panel |
85. | 517 | Magnetrons for manufacture of domestic microwave ovens |
86. | 519 | Raw materials or parts for use in manufacture of e-Readers |
87. | 523A | Parts, sub-parts, inputs or raw material for use in manufacture of Lithium-ion cells |
88. | 527 | Lithium-ion cell use in manufacture of battery or battery pack |
89. | 527A | Lithium-Ion Cell for use in manufacture of battery or battery pack of cellular mobile |
90. | 527B | Lithium-Ion Cell manufacture of battery or battery pack of EV |
91. | 534 | Parts of gliders or simulators of aircrafts (excluding rubber tyres and tubes of gliders) |
92. | 535 | Raw materials for manufacture of aircraft and parts of aircraft |
93. | 535A | Parts of aircraft for manufacture of aircraft or for manufacture of parts of aircraft by PSU under Min of Defence |
94. | 536 | Parts, testing equipment, tools and tool-kits for maintenance, repair, and overhauling of aircraft, components or parts of aircrafts |
95. | 537 | All goods of Heading 8802 (except 88026000-spacecraft) |
96. | 538 | Components or parts, including engines, of aircraft of heading 8802 |
97. | 539 | (a) Satellites and payloads; (b) Ground equipment brought for testing of (a) |
98. | 539A | Scientific and technical instruments etc for launch vehicles and satellites |
99. | 540 | Specified goods imported by scheduled air transporter |
100. | 542 | Specified goods imported by Aero Club, Flying Training Institutes |
101. | 543 | Specified goods imported by non-scheduled air transporter |
102. | 544 | Parts (other than rubber tubes), of aircraft of heading 8802 |
103. | 546 | Parts (other than rubber tubes), of aircraft of heading 8802 |
104. | 548 | Barges or pontoons imported along with ships |
105. | 551 | Cruise ships, Excursion ships |
106. | 553 | Fishing vessels, Tugs and Pusher crafts, light vessels excluding vessels and floating structure imported for break up |
107. | 555 | Vessels like warships, lifeboats excluding vessels and floating structure imported for break up |
108. | 567 | Stainless steel tube and wire, for manufacture of Coronary stents /artificial valve |
109. | 569 | Parts required for manufacture of Ostomy products |
110. | 570 | Medical and surgical instruments, apparatus and appliances including spare parts and accessories thereof |
111. | 575 | Specified Hospital Equipment for use in specified hospitals |
112. | 578A | Raw materials, for the manufacture of Cochlear Implants |
113. | 580 | X-Ray Baggage Inspection Systems and parts thereof |
114. | 581 | Portable X-ray machine / system |
115. | 583 | Parts and cases of braille watches, for the manufacture of Braille watches |
116. | 591 | Parts of electronic toys |
117. | 593 | Parts of video games for the manufacture of video games |
Note: Description of entries is indicative. Notification may be referred to for complete description.
(ii) The BCD exemption for the goods covered under following serial numbers of the notification no 50/2017-Customs is being extended upto 31st March 2029.
S. No. | S. No. of 50/2017- Cus | Brief Description |
1. | 212A | Medicines/drugs/vaccines supplied free by United Nations International Children`s Emergency Fund (UNICEF), Red Cross etc |
2. | 213 | Drugs and materials |
3. | 428 | Specified goods imported by accredited press cameraman |
4. | 429 | Specified goods, imported by accredited journalist |
5. | 549 | Capital goods, raw materials and spares for repairs of ocean-going vessels |
6. | 550 | Spare parts and consumables for repairs of ocean going vessels registered in India. |
7. | 577 | Lifesaving medical equipment for personal use |
8. | 607 | Life Saving drugs like Keytruda etc |
9. | 607A | Lifesaving drugs/medicines for personal use |
10. | 611 | Archaeological artefacts for exhibition in a museum |
11. | 612 | Specified raw material for sports goods |
Note: Description of entries is indicative. Notification may be referred to for complete description.
B. Review of exemptions prescribed by other notifications:
(a) The BCD exemption for the goods covered under the following notifications are being extended upto 31st March, 2026.
S. No. | Notification No. | Brief Description |
1. | 30/2017-Customs dated 30 June 2017 | Exemption to motion picture, music, gaming software for use in gaming console printed or recorded on media |
2. | 05/2017-Customs dated 2 February 2017 | Exemption to machinery, components for setting up fuel cell based on waste to energy |
3. | 113/2003-Customs dated 22 July 2003 | Exemption to castor oil cake and castor de-oiled cake manufactured from indigenous castor oil seeds on indigenous plant and machinery by unit in SEZ and brought to DTA |
4. | 81/2005-Customs dated 8 September
2005 |
Exemption to machinery/components for initial setting up of non-conventional power generation plants |
5. | 26/2011-Customs dated 1 March 2011 | Exemption to work of art, antiques in museum or art gallery |
6. | 248/1976-Customs dated 2 August 1976 | Exemption to precious stones imported by posts on `approval or return` basis |
7. | 24/2001-Customs dated 1st March 2001 | Exemption to copper cathodes, wire bars and wire rods produced out of copper reverts |
8. | 25/2001-Customs dated 1st March 2001 | Exemption on gold and silver produced out of copper anode slime which were exported out of India for toll smelting and processing |
9. | 32/1997-Customs dated 1st April 1997 | Exemption to goods imported for execution of an export order for jobbing |
Note: Description of entries is indicative. Notification may be referred to for complete description.
(b) The BCD exemption for the goods covered under the following notifications are being extended upto 31st March, 2029.
S. No. | Notification No. | Brief Description |
1. | 16/1965-Customs dated 23 January 1965 | Exemption to goods exported to foreign countries for display in show-rooms of Govt of India |
2. | 80/1970-Customs 29 August 1970 | Goods supplied freely under warranty as replacement for defective ones in lieu of earlier imported goods. |
3. | 207/89-Customs dated 17 July 1989 | Foodstuffs and provisions (excluding fruit products, tobacco, alcohol) by foreigners |
4. | 147/94-Customs dated 13 July 1994 | Firearms and ammunition when imported for use by a renowned shooter |
5. | 148/94-Customs dated 13 July 1994 | Specified gifts; goods gifted free under a bilateral agreement; goods imported by Indian Red cross Society, goods for the purposes of relief and rehabilitation |
6. | 152/94-Customs dated 13 July 1994 | Appliance/aids for blind/handicapped imported by institution for blind & deaf; and other specified teaching aids imported by Govt Universities |
7. | 153/94-Customs dated 13 July 1994 | Articles for foreign origin imported for repair and return, theatrical equipment and costumes, mountaineering expedition equipment, photographic, filming recording etc |
8. | 134/94-Customs dated 22 June 1994 | Specified capital goods, and other ancillary items imported for repairs |
9. | 39/96-Customs dated 23 July 1996 | Specified imports relating to Defence, internal security forces and Air Force. |
10. | 50/96-Customs dated 23 July 1996 | Specified equipment, instruments, raw materials, components, pilot plant and computer software when imported for publicly funded R & D projects |
11. | 51/96-Customs dated 23 July 1996 | Scientific and technical instruments, apparatus, equipment, accessories etc when imported by publicly funded research institution |
12. | 25/1998-Customs dated 2 June 1998 | Capital goods/machinery/ measuring instruments for manufacture of semiconductor wafers. |
13. | 23/2016-Customs dated 1 March 2016 | Parts of aircraft when imported into India under the Standard Exchange Scheme |
14. | 32/2017-Customs dated 30 June 2017 | Imports of artwork and antique books |
15. | 37/2017-Customs dated 30 June 2017 | Imports in relation to defense and international security forces including medals, decorations, personal effects of Defense Personnel, bonafide gifts from foreign donors, stores and goods for trials, demonstration |
16. | 16/2017-Customs dated 20 April, 2017 | Specified medicines from whole of the duty of customs, when imported for supply under Specified Patient Assistance Programme |
17. | 25/1999-Customs dated 28 February
1999 |
Capital goods/machinery used by the IT/Electronics industry, subject to actual user condition. |
18. | 25/2002-Customs dated 1 March 2002 | Specified raw materials, inputs and parts for use in manufacture of specified electronic items |
19. | 35/2017-Customs dated 30th June 2017 | Aviation Turbine Fuel in the tanks of the aircrafts of an Indian Airline or of the Indian Air Force |
Note: Description of entries is indicative. Notification may be referred to for complete description.
(c) The end dates prescribed are being removed in the following notifications:
S. No. | Notification No. | Brief Description |
1. | 49/2017-Customs dated 30 June 2017 | Exemption to special Additional Duty on specified goods of fourth schedule to Central Excise Act |
2. | 52/2017-Customs dated 30 June 2017 | Effective rate of Additional duty for goods under Chapter 27 |
3. | 29/2017-Customs dated 30 June 2017 | Exemption to specimen, models, wall pictures and diagrams for instructional purposes |
4. | 46/1974-Customs dated 25 May 1974 | Pedagogic material for educational or vocational training courses |
Note: Description of entries is indicative. Notification may be referred to for complete description.
7. Customs Duty Exemptions / Concessions Being Allowed to Lapse
Certain BCD exemptions entries under S No. 50/2017-Customs dated 30.6.2017 and other notifications are being allowed to lapse with effect from 30.9.2024.
(a) The following entries of notification no. 50/2017-Customs dated 30.6.2017 are being allowed to lapse with effect from 30.9.2024:
S. No. | S N of 50/2017- Customs | Description |
1. | 478 | Wireless apparatus, accessories and parts as specified in List 29 imported by a licensed amateur radio operator |
2. | 353 | Foreign currency coins when imported into India by a Scheduled Bank |
3. | 387 | Zinc metal recovered by toll smelting or toll processing from zinc concentrates exported from India for such processes |
4. | 441 | Spinnerettes made inter alia of Gold, Platinum and Rhodium or any one or more of these metals, when imported in exchange of worn-out or damaged spinnerettes exported out of India |
5. | 238 | Organic/inorganic Coating material for manufacture of electrical steel |
6. | 254 | Catalyst for manufacture of cast components of Wind Operated Electricity Generator |
7. | 255 | Resin for manufacture of cast components of Wind Operated Electricity Generator |
8. | 277A | Calendared plastic sheet for manufacturing of Smart Card under chapter heading 8523 |
9. | 339 | Concessional rate on import of Toughened glass with low iron content and transmissivity of minimum 91% and above, for use in manufacture of solar thermal collectors or heaters |
10. | 421 | Specified goods required for basic telephone service, cellular mobile telephone service, internet service or closed users’ group 64 KBPS domestic data network via INSAT satellite system service and parts, for manufacture of the goods |
11. | 479 | Mono or Bi polar Membrane electrolysers and parts thereof including secondary brine purification components, jumper switches, filtering elements for hydrogen filters for caustic soda or potash units; Membrane and parts thereof or other parts for caustic soda or potash units; |
12. | 475 | Specified goods including scramblers, descramblers, encoders, decoders, jammers, network firewalls, network sniffers, scanners |
and monitoring systems, probes for data monitoring and SMS/MMS monitoring systems | ||
13. | 482 | Newspaper page transmission and reception facsimile system or equipment; and Telephoto transmission and reception system or equipment |
14. | 495 | Batteries for electrically operated vehicles, including two and three wheeled electric motor vehicles. |
15. | 497 | Active Energy Controller (AEC) for use in manufacture of Renewable Power System (RPS) inverters |
16. | 579 | Survey (DGPS) instruments, 3D modeling software for ore body simulation cum mine planning and exploration (geophysics and geochemistry) equipment required for surveying and prospecting of minerals |
17. | 419 | Aluminium Oxide for manufacture of washcoat of catalytic converter |
18. | 420 | Clay 2 powder for use in ceramic substrate for catalytic convertor |
19. | 340 | Solar tempered glass or solar tempered (anti-reflective coated) glass for use in manufacture of solar cells/panels/modules |
20. | 565 | Specified goods for use in the manufacture of Flexible Medical Video Endoscope [heading 9018] |
21. | 566 | Specific input goods for manufacture of syringes, needles, catheters and cannulae |
22. | 568 | Parts and components for manufacture of blood pressure monitors and blood glucose monitoring system (Glucometers) |
Note: Description of entries is indicative. Notification may be referred to for complete description.
(b) The following notifications are being allowed to lapse with effect from 30.9.2024:
S. No. | Notification No. | Description |
1. | 97/99-Customs dated 21 July 1999 | Exempts BCD and additional duty under Sections 3(1), 3(3) and 3(5) on standard gold bars imported by a RBI authorised bank |
2. | 30/2004-Customs dated 28 January 2004 | Provides full exemption from BCD to second-hand computers/accessories and peripherals received as donation by schools, charitable institutions. |
3. | 102/2007-Customs dated 14 September 2017 | Provides exemption from Special Additional Duty (SAD) levied vide section 3(5) of CTA on to all goods imported for subsequent sale when IGST, CGST, SGST or UTGST paid by importer. |
4. | 45/2005-Customs dated 16 May 2005 | Provides exemption from Special Additional Duty levied under Section 3(5) of CTA on goods cleared from SEZ to DTA. |
5. | 151/94-Customs dated 13 July 1994 | Provides exemption to imports of duty-paid fuel and lubricating oil on aircrafts taken during the outward flight; goods imports by United Arab Airlines; aircraft engines, spares imported by Indian Airlines and Air India International.
Re-import entries will operate from re-import notification 45/2017-Cus |
6. | 26-Customs dated 19th February 1962 | Provides exemption from import duty under the Sea Customs Act on catering cabin equipment, food and drink on re-importation by aircrafts of the Indian Airlines Corporation from foreign flights |
Note: Description of entries is indicative. Notification may be referred to for complete description.
8. Social Welfare Surcharge (SWS) – Amendment to Notification No. 11/2018 – Customs, Dated 02.02.2018 (W.E.F. 24.07.2024)
Following goods are being exempted from levy of Social Welfare Surcharge
S. No. | Description |
1. | Natural Graphite |
2. | Natural sands |
3. | Quartz (other than natural sands); quartzite |
4. | Strontium sulphate (natural ore) |
5. | Copper ores and concentrates |
6. | Cobalt ores and concentrates |
7. | Tin ores and Concentrates |
8. | Tungsten Ores and Concentrates |
9. | Molybdenum ores and concentrates |
10. | Zirconium ores and concentrates |
11. | Hafnium Ores and concentrates |
12. | Vanadium ores and concentrates |
13. | Niobium or tantalum ores and concentrates |
14. | Antimony Ores and Concentrates |
15. | Tellurium |
16. | Silicon, containing by weight not less than 99.99% of silicon |
17. | Other silicon |
18. | Selenium |
19. | Alkali or alkaline earth metals, Rare-earth metals, scandium and yttrium, whether or not intermixed or inter alloyed |
20. | Silicon dioxide |
21. | Potassium hydroxide |
22. | Oxides, hydroxides and peroxides,
of strontium or barium |
23. | Cobalt oxides |
24. | Cobalt hydroxides |
25. | Commercial cobalt oxides |
26. | Lithium oxide and hydroxide |
27. | Vanadium oxides and hydroxides |
28. | Germanium oxides |
29. | Molybdenum oxides and hydroxides |
30. | Antimony Oxides |
31. | Cadmium oxide |
32. | Chlorides of Nickel |
33. | Strontium chloride |
34. | Sulphates of Nickel |
35. | Nitrates of potassium |
36. | Lithium carbonates |
37. | Strontium carbonate |
38. | Salts of oxometallic or peroxometallic acids of Beryllium and Rhenium |
39. | Compounds, inorganic or organic of rare earth metals |
40. | Bismuth citrate |
41. | Artificial Graphite, colloidal or semi-colloidal graphite, preparations based on graphite or other carbon in form of pastes, blocks, plates or other semi- manufactures |
42. | Unwrought Tin |
43. | Unwrought tungsten, including bars and rods obtained simply by sintering |
44. | Unwrought molybdenum, including bars and rods obtained simply by sintering |
45. | Unwrought tantalum, including bars and rods obtained simply by sintering, powders |
46. | Cobalt, unwrought |
47. | Bismuth, unwrought |
48. | Unwrought zirconium, powders, Containing less than 1 part hafnium to 500 parts zirconium by weight |
49. | Unwrought antimony, powders |
50. | Beryllium unwrought, powders |
51. | Hafnium unwrought, waste and scrap, powders |
52. | Rhenium unwrought |
53. | Cadmium unwrought, Powders |
54. | Cadmium, wrought |
55. | Unwrought; Waste and scrap; powders of :-
(i) Gallium (ii) Germanium (iii) Indium (iv) Niobium (v) Vanadium |
9. Agriculture Infrastructure and Development Cess (AIDC) – Notification No. 11/2021 – Customs, dated 01.02.2021 is being amended to revise the AIDC rates on the following goods (w.e.f. 24.07.2024):
AIDC rate changes (with changes to the effective rate of Customs Duty) | Rate | |||
S. No. | Chapter, Heading, sub- heading, tariff item | Commodity | From | To |
1. | 7108 | Gold bar | 5% | 1% |
2. | 7108 | Gold dore | 4.35% | 0.35% |
3. | 7106 | Silver bar | 5% | 1% |
4. | 7106 | Silver dore | 4.35% | 0.35% |
5. | 7110 | Platinum, Palladium, Osmium, Ruthenium,
Iridium |
5.4% | 1.4% |
6. | 7118 | Coins of precious metals | 5% | 1% |
7. | 7113 | Gold/Silver findings | 5% | 1% |