Budget 2011-2012- Customs - Rate structure:

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....udget 2011-2012- Customs - Rate structure: <br>News and Press Release<br>Dated:- 28-2-2011<br><BR>8. There is no change in the peak rate of basic customs duty of 10%. The existing rates of 2%, 2.5% an....

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....d 3% are being fused into a single rate of 2.5%. Consequently, all items that hitherto attracted basic customs duty of 2% or 3% would now be chargeable to 2.5%.<BR> News - Press release - PIB....