You Shop, Amazon Gives

Changes in Custom Tariff under Budget 2014-15

SAD on Inputs/components used in manufacture of Personal Computers (laptops/desktops) and tablet computers has been exempted.

Export duty on Bauxite (natural), calcined or not, increased from 10% to 20%

Government has amended the provisions dealing with levy of Safeguard Duty to provide for such levy on inputs/raw material imported by EOU/SEZ and cleared into Domestic tariff Area(DTA )as such or for use in manufacture of final products which are cleared into DTA.

Exemption provided from levy of Education Cess and Secondary and Higher Education Cess on CVD portion of duty leviable on import of various electronic goods such as mobile phones, computers, parts and accessories of computers, etc. has been withdrawn
.



Goods on which Basic Custom Duty is decreased
Goods
Existing Rate (%)
New Rate (%)
Fatty Acid, Crude Palm stearin, RBD and other Palm Stearin and industrial grade crude oils
7.5
Nil
Crude Glycerine
12.5
7.5
Crude Glycerine for manufacture of soaps
12.5
Nil
Denatured Ethyl Alcohol
7.5
5

Other Coal
5
2.5
Ethylene, Propylene and Butadiene
5
2.5
Specified raw material required for manufacture of solar backsheet and EVA Sheet for use in manufacture of Solar PV Cells or modules
Applicable rate
Nil
Polytetrametylene Ether Glycol, (PT MEG) for use in the manufacture of spandex yarn
5
Nil
LCD and LED TV panels below 19 Inches
10
Nil
Colour television picture tubes for use in manufacture of cathode ray television
10
Nil
Specified parts for manufacture of LCD/LED TV panels
Applicable rate
Nil
E-Readers
7.5
Nil
Battery scrap and battery waste
10
5
Specified machinery, equipment etc required for initial setting up of compressed biogas plant
Applicable rate
5
Specified machinery, equipment etc required for initial setting up of solar energy production projects
Applicable rate
5
Ships imported for breaking up
5
2.5
Specified telecommunication equipment of CTH 8517
Nil
10
Coking Coal
Nil
2.5
Bituminious Coal
2
2.5
Steam Coal
2
2.5
Cut and polished coloured gemstones
2
2.5
Diamonds including lab grown diamonds-semi-processed, half-cut or broken
Nil
2.5
Non-industrial diamonds including lab-grown diamonds(other than rough diamonds)
2
2.5