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of <h1>Clarification on CKD Units: 10% Duty for Non-Pre-Assembled Parts, 60% If Pre-Assembled. Union Budget 2011-12.</h1> The circular addresses a clarification request regarding the new definition of Completely Knocked Down (CKD) units introduced in the Union Budget 2011-12. It specifies that CKD units, which are subject to a 10% basic customs duty (BCD), must not contain pre-assembled engines, gearboxes, or transmission mechanisms, nor should these components be pre-installed on a chassis or body assembly at the time of import. If they are, the units will be subject to a 60% BCD. The circular confirms the correctness of certain interpretations by the requesting party but notes an error in one aspect of their understanding.
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