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Pruning and review of customs duty concessions/ exemptions |
Budget 2021-22 + FINANCE Bill, 2021
Pruning and review of customs duty concessions/ exemptions:
A. Review of concessional rates of BCD prescribed in notification No. 50/2017 – customs dated 30.6.2017: The BCD exemption hitherto available on certain goods are being withdrawn by omitting following entries of notification No. 50/2017-Customs dated 30.6.2017.
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S. No.
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S. No. of Notfn
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Description/ CTH
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1.
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209
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Diphenylmethane 4, 4-diisocyanate (MDI) for use in the manufacture of spandex yarn
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2.
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230
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Ink cartridges, ribbon assembly, ribbon gear assembly, ribbon gear carriage, for use in printers for computers
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3.
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229 [w.e.f 1.4.2021]
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71 items like wax items, wood polish materials, prints for photo frames, velvet fabric/paper, handles/blades for cutlery, jigat, wine tools etc.
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4.
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311 [w.e.f 1.4.2021]
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35 items like fasteners, zippers, shoulder pads, buckles, rivets, Velcro tape, toggles, stud, elastic cloth and band, bobbin, hooks, anglets etc.
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5.
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312 [w.e.f 1.4.2021]
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42 items like buckles, buttons, stamping foil, sewing thread, Loop rivets, Glove Liners, shoe laces, inlay cards etc.
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6.
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313 [w.e.f 1.4.2021]
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18 items like lace, Velcro tape, curtain hooks, Tassel, Beads, Sequins, sewing threads, poly wadding materials, quilted wadding materials etc.
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Full Text:
Budget 2021-22 + FINANCE Bill, 2021
Dated: 1-2-2021
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