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    Case ID :

    PROPOSALS INVOLVING CHANGES IN EFFECTIVE BASIC CUSTOMS DUTY RATES IN RESPECT OF PHASED MANUFACTURING PROGRAM [PMP] WITH RESPECT TO SPECIFIC ELECTRONIC GOODS

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    V. PROPOSALS INVOLVING CHANGES IN EFFECTIVE BASIC CUSTOMS DUTY RATES IN RESPECT OF PHASED MANUFACTURING PROGRAM [PMP] WITH RESPECT TO SPECIFIC ELECTRONIC GOODS

    S.No.

    Chapter, heading, sub-heading, or tariff item

    Commodity

    From

    To

    2022-23

    2023-24

    2024-25

    2025-26

    PMP for Wrist Wearable Devices (Smart watches)

    Following parts [S. No. 1 to 7] for manufacture of wearable devices falling under tariff item 8517 62 90 of the Customs Tariff

    1.

    8517 79 10

    Printed Circuit Board Assembly (PCBA)

    NIL

    NIL

    10%

    15%

    15%

    2.

    8544

    Charging Cable

    10%

    NIL

    5%

    10%

    15%

    3.

    39, 73, 85

    Specified parts of wearable devices

    As per CTH

    NIL

    5%

    10%

    15%

    4.

    8507 60 00/ 8507 80 00

    Battery

    15%

    NIL

    5%

    10%

    15%

    5.

    8517 79 90

    Display Assembly

    NIL

    NIL

    NIL

    5%

    10%

    6.

    8501

    Vibrator Motor

    10%

    10%

    10%

    10%

    10%

    7.

    Any Chapter

    Parts, sub-parts, and raw materials for use in the manufacture of the S. Nos 1 to 6 above

    As per CTH

    NIL

    NIL

    NIL

    NIL

    8.

    8517 62 90

    Wrist Wearable Devices (Commonly known as Smart Watches)

    20%

    20%

    20%

    20%

    20%

    Note: IGCR conditions shall apply for the items in S. No. 1 to 7 above.

    PMP for Hearable Devices

    Following parts [S. No. 1 to 6] for manufacture of hearable devices falling under sub-headings 8518 21, 8518 22, 8518 29 or 8518 30 of the Customs Tariff

    1.

    8518 90 00

    PCBA for Hearable Device

    10%

    NIL

    10%

    15%

    15%

    2.

    8544

    USB Cable

    10%

    15%

    15%

    15%

    15%

    3.

    73, 74, 85

    Specified parts of hearable devices

    As per CTH

    NIL

    5%

    10%

    15%

    4.

    8507 60 00/ 8507 80 00

    Battery

    15%

    NIL

    5%

    10%

    15%

    5.

    8518 90 00

    Speaker Assembly (Pre-assembled speaker driver with protective mesh, but not including PCBA or battery)

    10%

    NIL

    NIL

    5%

    10%

    6.

    Any Chapter

    Parts, sub-parts, and raw materials for use in the manufacture of the S. Nos 1, 3, 4, and 5 above

    As per CTH

    NIL

    NIL

    NIL

    NIL

    7.

    8518 21, 8518 22, 8518 29, 8518 30

    Hearable Devices Note

    - Hearable devices mean: -

    (i) true wireless stereo (TWS), headphones, earphones and similar devices like earbuds, neckbands, headsets, etc., whether or not combined with a microphone, being capable of connecting through a wireless medium; and

    (ii) portable bluetooth speakers comprising of an amplifier and loudspeaker(s) with maximum output power not exceeding 40 Watts, having battery as a source of power and capable of wireless connectivity through bluetooth.

    15%

    20%

    20%

    20%

    Note: IGCR conditions shall apply for the items in S. No. 1 to 6 above.

    PMP for Smart Meters

    Following parts [S. No. 1 to 6] for manufacture of smart meters falling under tariff item 9028 30 10 of the Customs Tariff

    1.

    9028 90 10

    Assembled / Populated PCB for Smart Meters

    7.5%

    20%

    20%

    20%

    20%

    2.

    8517 69 90

    Communication Module

    10%

    NIL

    NIL

    5%

    10%

    3.

    8536 49 00

    Relay

    10%

    5%

    10%

    10%

    15%

    4.

    8517 71 00

    Antenna

    NIL

    NIL

    NIL

    5%

    10%

    5.

    8524 11 00/ 8524 91 00

    LCD & Backlight for LCD

    15%

    NIL

    5%

    10%

    10%

    6.

    8506 50 00

    Battery

    10%

    NIL

    5%

    10%

    10%

    7.

    Any Chapter

    Parts, sub-parts, and raw materials for use in the manufacture of the S. Nos 1 to 6 above

    As per CTH

    NIL

    NIL

    NIL

    NIL

    8.

    9028 30 10

    Smart Meters

    15%

    25%

    25%

    25%

    25%

    Note: IGCR conditions shall apply for the items in S. No. 1 to 7 above.

     


    Full Text:

    Budget 2022-23 + FINANCE Bill, 2022

    Topics

    ActsIncome Tax