Changes in Customs Duty in budget 2014-2015

A.       No change in peak rate. It remains at rate of 10%.

B.      Change in duty rates with immediate effect (from 11-7-2014) of major items are as follows:

Sr. No.

Chapter

heading

Description of

goods

Rate of BCD

Till 10-7-2014

From 11-7-2014

1

29011000

Ethane and other

goods

5.00%

2.50%

2

29012100

Ethylene

5.00%

2.50%

3

29012200

Propylene

5.00%

2.50%

4

29012400

Butadiene

5.00%

2.50%

5

29024100

Ortho xylene

5.00%

2.50%

6

27111200

Propane

5.00%

2.50%

7

29051100

Methyl alcohol

7.50%

5.00%

8

27074000

Naphthelene

10.00%

5.00%

9

7219,7220

Stainless steel flat products

5.00%

7.50%

10

90

Specified HIV/AIDS drugs and

diagnostic kits important under
national AIDS control programme (NACP) funded by the Global Fund to Fight
AIDS,TB and malaria(GFATM)

10.00%

NIL

11

85287212

LCD and LED TV panels of below 19
inches

10.00%

NIL

12

8529,4016

Specified parts of LCD and LED panels
for TVs

10.00%

NIL

13

854011

Colour television picture tubes for
use in manufacture

Of cathode ray television

10.00%

NIL

14

3208,

3815,

3901, OR

3920

The specified goods used in the
manufacture of EVA (Ethylene Vinyl Actate)sheets or backsheet , which are used
in the manufacture of solar photovoltaic cells or modules

10.00%

NIL

 

C.     Changes in export duty

Sr. No.

Chapter

heading

Description of

goods

Rate of BCD

Till 10-7-2014

From 11-7-2014

1

26060010

Bauxite (natural), not calcined

10.00%

20%

2

26060020

Bauxite (natural), calcined

10.00%

20%

Taxclick Team
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