VI. OTHER PROPOSALS INVOLVING CHANGES IN BASIC CUSTOMS DUTY RATES/HEALTH CESS IN RESPECTIVE NOTIFICATIONS [with effect from 2.2.2022, unless specified otherwise]
S.No. | Chapter, heading, subheading, or tariff item | Commodity | From | To |
| | Agricultural Products and By Products | | |
1. | 0306 | Live Black tiger shrimp (Penaeus monodon) | 30% | 10% |
2. | 0306 19 00 | Frozen Krill | 30% | 15% |
3. | 1518 | Algal Oil for manufacturing of aquatic feed | 30% | 15% |
| | | Fuels, Chemicals and Plastics | | |
4. | 2710 19 | Fuel oil | 5% | 2.5% |
5. | 2710 19 | Straight run fuel oil | 5% | 2.5% |
6. | 2710 19 | Low sulphur wax residue | 5% | 2.5% |
7. | 2710 19 | Vacuum residue, Slurry | 5% | 2.5% |
8. | 2710 19 | Vacuum gasoil | 5% | 2.5% |
9. | 2837 11 00 | Sodium cyanide | 7.5% | 10% |
| | | Paper | | |
10. | 4707 | Recovered (waste and scrap) paper or paperboard for use in manufacturing of paper, paperboard or newsprint | NIL | 2.5% |
| | | Gems and Jewellery Sector | | |
11. | 7102 21 7102 31 00 | Simply Sawn Natural Diamonds imported under Kimberley Process Certification Scheme (KPCS) | Applica ble Rate | NIL |
12. | 71 | Cut and Polished Diamonds | 7.5% | 5% |
13. | 71 (except 7104 99 00) | Cut and Polished Natural Gemstones | 7.5% | 5% |
| | | Metals | | |
14. | 7204 | Iron and steel scrap, including stainless steel scrap [Exemption hitherto available till 31.3.2022 is being extended up to 31.03.2023] | NIL [upto 31.3.20 22] | NIL [upto 31.3.20 23] |
| | | Electrical and Electronics Sector | | |
15. | 3920 99 99, 9002 11 00 | Camera lens for use in manufacture of Camera Module for Cellular Mobile Phone | 10%/ 15% | 2.5% |
16. | Specific CTH | Specified parts for use in manufacture of transformers of chargers/adapters | 10%/ 15% | 5% |
17. | 74 or 76 | Copper/Aluminium based Copper clad laminate for use in manufacture of PCB/MCPCB | 5%/ 7.5% | NIL |
18. | 90 | Following items used in manufacture of X-ray items: a) X-Ray grid b) Multi Leaf Collimator/ Iris c) Static User Interface | 5% | 10% |
19. | 90 | X-Ray Machines | 7.5% | 10% |
| | | Medical devices | | |
20. | 9018 32 10 | Surgical needles imported for manufacture of Surgical sutures | Health Cess @ 5% | Health Cess @ Nil |
| | | Toys | | |
21. | 9503 | Parts of electronic toys for manufacture of electronic toys | 15% | 25% |
| | | Capital Goods | | |
22. | 7325 10 00 | S. G. Ingot Castings used in manufacturing of Plastic Processing Machinery | 10% | 7.5% |
23. | 8483 40 00, 8477 90 00 | Ball Screw and Linear Motion Guide used in manufacturing of Plastic Processing Machinery | 7.5% | 5% |
24. | 84 | Bushing (made up of platinum and rhodium alloy, imported in exchange of worn-out bushing exported for refurbishment) | 10% | 7.5% |
25. | 8419 | Coffee roasting, brewing or vending machineries for use in the manufacturing or processing of coffee | 10% | 7.5% |
Full Text:
Budget 2022-23 + FINANCE Bill, 2022
Basic customs duty changes revise import duty and health cess rates across multiple tariff items, effective early February. Proposals amend
Basic Customs Duty and
Health Cess rates effective 2.2.2022 by specifying revised duties for listed tariff items. The schedule sets prior and proposed rates across commodity groups-agricultural products, fuels and chemicals, paper, gems and jewellery, metals, electrical and electronics, medical devices, toys and capital goods-and includes sector measures such as extension of an iron and steel scrap exemption and changes for camera lenses, PCB inputs, X ray items, surgical needles, recovered paper and capital goods components.
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