BASIC CUSOMS DUTY ON NON ESSENTIAL GOODS INCREASED WITH EFFECT FROM 27.9.2018
The Central Government has
taken tariff measures, by way of increase in the basic customs duty, to curb
imports of certain imported items with effect from 27.9.2018 . These
changes, aim at narrowing the current account deficit (CAD).
The customs duty has been
increased in 19 items.
The relevant Press Note issued
by the Central Government is given below for ready reference:
PRESS NOTE
Tariff measures
taken to curb the
imports of non-essential
items
1. The Central Government has taken tariff measures, by way of increase in the basic customs duty,
to curb
import of certain imported items. These changes aim at narrowing the
current account deficit (CAD).
2. In all the
customs duty has been
increased on 19
items as detailed below:
S. No.
|
Item
|
Tariff code
(HSN)
|
Basic customs duty
|
|
From
|
To
|
|||
1
|
Air conditioners
|
8415
|
10
|
20
|
2
|
Household Refrigerators
|
8418
|
10
|
20
|
3
|
Washing machines less than 10 Kg
|
8450
|
10
|
20
|
4
|
Compressor for
air conditioners
and refrigerators
|
8414 30 00 /
8414 80 11
|
7.5
|
10
|
5
|
Speakers
|
8518 29 00
|
10
|
15
|
6
|
Footwears
|
6401 to
6405
|
20
|
25
|
7
|
Radial Car tyres
|
4011 10 10
|
10
|
15
|
8
|
Non industrial diamond (other than rough diamonds), i.e., cut
and polished diamond
|
71
|
5
|
7.5
|
9
|
Diamonds-semi processed, half
cut or broken
|
71
|
5
|
7.5
|
10
|
Lab grown diamonds
|
71
|
5
|
7.5
|
11
|
Cut and polished Colored gemstone
|
71
|
5
|
7.5
|
12
|
Articles of jewellery and parts thereof, of precious metal or of metal clad with precious
metal
|
7113
|
15
|
20
|
13
|
Articles of
Goldsmith or silversmith
wares and parts thereof of precious
metal
or
of metal
clad with precious metal
|
7114
|
15
|
20
|
14
|
Bath, shower bath, sink, wash basin, etc.
of plastics
|
3922
|
10
|
15
|
15
|
Articles
of plastics for conveyance and packing such as boxes, case, containers, bottles, insulated are etc.
|
3923
|
10
|
15
|
16
|
Tableware, kitchenware and other
household items of plastics
|
3924
|
10
|
15
|
17
|
Miscellaneous items of plastics such
as office stationery,fitting for furniture’s, decorative sheets, statuettes, beads, bangles etc.
|
3926
|
10
|
15
|
18
|
Trunks, Suitcase, Executive
cases,
Brief Cases, travel bags
and other bags etc.
|
4202
|
10
|
15
|
19
|
Aviation
turbine fuel
|
2710 19 20
|
0
|
5
|
3. Notifications are being issued today. These changes in rates of basic customs duty (BCD) will
be effective from
27.09.2018 (i.e., midnight
of 26th September/27th September, 2018)
4. The total
value of imports of these items in
the year
2017-18 was about
Rs
86000 Crore.