Tarrif Classification

[mohan sehgal]

Whether Cycle lock will fall under Tarrif 8310 or8714

AI Summary

Tariff classification of cycle locks: treated as bicycle parts and attract a nil excise duty under the relevant notification.
Parts of bicycles, including cycle locks, fall within the tariff heading for bicycle parts and are chargeable at a nil rate of duty under the excise notification referenced in the reply, so they are treated as bicycle components for excise purposes.