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Import of Sensitive items During April-July 2011

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..... Import of Sensitive items During April-July 2011 - News and Press Release Dated:- 7-10-2011 - News - Press Information Bureau Government of India Ministry of Commerce Industry 07-October-2011 12:54 IST Import of Sensitive items During April-July 2011 Total import of sensitive items for the period April-July 2011 has been Rs.31692 crores as compared to Rs.23039 crores during the corresponding period of last year thereby showing an increase of 37.6%. The gross import of all commodities during same period of current year was Rs.674324 crores as compared to Rs.495149 crores during the same period of last year. Thus import of sensitive items constitutes 4.7% of the gross imports during last year as well as current year. Imp .....

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..... orts of milk milk products, tea coffee and food grains have declined at broad group level during the period. Imports of all other items viz. edible oil, automobiles, fruits vegetables (including nuts), pulses, rubber, cotton silk, products of SSI, spices, marble granite and alcoholic beverages have increased during the period under reference. In the edible oil segment, the import has increased from Rs.8763.7 crores last year to Rs.14273.6 crores for the corresponding period of this year. The imports of both crude oil as well as refined oil have gone up by 62.4% and 67.3% respectively. The increase in edible oil import is mainly due to substantial increase in import of crude palm oil and its fractions. Imports of sensitive it .....

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..... ems from Indonesia, China P RP, Malaysia, Argentina, Germany, Korea RP, Ukraine, United States of America, Canada, Japan, Thailand, Benin, Ghana, United Kingdom etc. have gone up while those from Myanmar, Australia etc. have gone down. IMPORT OF SENSITIVE ITEMS-PROVISIONAL ESTIMATES (Value in Rs. Crore) Sr. No. Commodity Group No. of Tariff Weights w.r.t. total sensitive items Value of Import (Rs Crore) Difference (Rs Crore) Growth Lines April-July 2010 April-July 2011 April-July 2010 April-July 2011 (Col 7 .....

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..... - Col 6) 1 2 3 4 5 6 7 8 9 1 Milk Milk Products 23 1.61% 0.68% 370.37 215.52 -154.85 -41.8% Significant fall is observed in Butter Oil and Whole milk and their contribution is 260.76 0.27 -260.49 -99.9% ( and their %age share to this group) 70.4% 0.1% 2 Fruits Vegetables 35 20.24% 18.85% 2178.34 3152.61 974.27 44.7% Significant growth in Cashew nuts in shell is 1361.73 2055.67 693.94 .....

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..... 51.0% ( and its %age share to this group) 62.5% 65.2% 3 Pulses 12 9.90% 9.36% 2485.25 2819.84 334.59 13.5% Significant growth in Peas (pisum sativum) dried shld 446.54 1276.05 829.51 185.8% ( and its %age share to this group) 18.0% 45.3% 3 Poultry 13 0.00% 0.00% 0.00 0.43 0.43 4 Tea Coffee 36 0.39% 0.27% 90.23 85.01 -5.22 -5.8% Signif .....

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..... icant fall in black tea leaf in bulk 12.20 1.84 -10.36 -84.9% ( and its %age share to this group) 13.5% 2.2% 5 Spices 52 1.31% 1.51% 302.73 477.51 174.78 57.7% ( Significant growth in Cloves not extracted and other cloves and their contribution is) 32.93 134.37 101.44 308.0% ( and their %age share to this group) 10.9% 28.1% 6 Food Grains 19 0.48% 0.03% 111.65 8.7 .....

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..... 7 -102.88 -92.1% 7 Edible Oils 46 38.04% 45.04% 8763.70 14273.60 5509.90 62.9% (a) Crude 7960.89 12930.43 4969.55 62.4% ( Ratio of crude to total Edible ) 90.8% 90.6% (b) Refined 802.81 1343.16 540.36 67.3% ( Ratio of Refined to total edible import) 9.2% 9.4% 8 Alcholic Beverages 34 0.64% 0.66% 147.38 .....

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..... 210.18 62.80 42.6% 9 Rubber 11 3.80% 4.12% 875.62 1306.95 431.33 49.3% Significant growth in Natural rubber in other forms : smoked sheets and technically specified natural rubber 736.90 1175.34 438.44 59.5% ( and their %age share to this group) 84.2% 89.9% 10 Cotton Silk 24 2.86% 2.70% 658.07 856.74 198.68 30.2% Siginificant growth in foreign cotton, of all staple length 278.57 465.54 186.97 67.1% ( and its .....

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..... %age share to this group) 42.3% 54.3% 11 Marble Granite 9 0.63% 0.68% 144.08 216.50 72.42 50.3% Growth in Others (simply cut/sawnmarble trauertine alabaster with a flat or even sinface 75.14 142.79 67.65 90.0% ( and its %age share to this group) 52.1% 66.0% 12 Automobiles 26 #REF! #REF! #REF! #REF! #REF! #REF! 13 Parts accessories of motor vehicles 36 #REF! #REF! #REF! #REF! #REF! .....

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..... #REF! Siginificant growth in :Gear boxes and Other parts accessories of bodies(incl cabs) 723.93 1453.65 729.72 100.8% ( and their %age share to this group) #REF! #REF! 14 Product of SSI 34 1.90% 2.08% 438.59 659.83 221.24 50.4% (Umbrella, locks, toys, writing instruments, tiles, glassware, etc.) Significant growth in other toys, Locks of a kind used for motor vehicles, Tiles and cubes other than mosaic tiles and cubes and Dolls of plastics 252.84 395.27 142.43 .....

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..... 56.3% ( and their %age share to this group) 57.6% 59.9% 15 Others (Bamboos, cocoa, copra sugar) 5 5.12% 0.48% 1180.02 151.02 -1029.00 -87.2% Total of Sensitive items 415 100.0% 100.0% 23039.08 31691.78 8652.70 37.6% %age share of Import of sensitive items to Total Import (All Commodities) 4.7% 4.7% Total of All commodities ( including sensitive items) as per quick estimate 495149.0 674324.1 179175.1 36.2% .....

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..... DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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