https://www.taxtmi.com/article/detailed?id=1639 The 2012-13 budget revises import tariffs by granting targeted basic customs duty exemptions and reductions and applying selective increases to protect domestic production. Concessional or nil duties and concessional CVD are extended to agricultural machinery, fertiliser project equipment, steam coal, coal mining and surveying machinery, railway project equipment, aircraft MRO parts, iron ore beneficiation plant machinery, certain textile and medical device inputs (actual user conditions apply), and inputs for electronics and recycling. Concurrently, duties are raised on specific precious metal imports, certain ores, petroleum cess and high value completely built units, and baggage duty free allowances are increased. en-us Sat, 17 Mar 2012 10:59:42 +0530 Sat, 17 Mar 2012 10:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1639 The 2012-13 budget revises import tariffs by granting targeted basic customs duty exemptions and reductions and applying selective increases to protect domestic production. Concessional or nil duties and concessional CVD are extended to agricultural machinery, fertiliser project equipment, steam coal, coal mining and surveying machinery, railway project equipment, aircraft MRO parts, iron ore beneficiation plant machinery, certain textile and medical device inputs (actual user conditions apply), and inputs for electronics and recycling. Concurrently, duties are raised on specific precious metal imports, certain ores, petroleum cess and high value completely built units, and baggage duty free allowances are increased. Articles Customs - Import - Export - SEZ Sat, 17 Mar 2012 10:59:42 +0530 https://www.taxtmi.com/article/detailed?id=1639