TMI BlogPRUNING AND REVIEW OF CUSTOMS DUTY CONCESSIONS/ EXEMPTIONSX X X X Extracts X X X X X X X X Extracts X X X X ..... Goods (other than old and used) for use in man-made or synthetic fiber or yarn industry (84 or any other Chapter) 1. Concessional BCD rate to be withdrawn for Spindles, Yarn guides, Ballon Control Rings and Travellers [w.e.f 1.4.2022] 2. Concessional BCD rate to be withdrawn for the remaining items such as Machinery for continuous polymerization plant, Machinery for synthetic fibre plant, Machinery for synthetic filament yarn plant, Machinery for Regular/HWM Viscose Staple Fibre Plant, Machinery for Lyocell Fiber Plant, in this entry [w.e.f 1.4.2023] 2. 400 [w.e.f 1.4.2023] Goods such as Machinery for garment sector, Machinery for manufacture of technical textiles, Woollen machinery items, Machinery for manufacture of non-wovens textiles, Machinery for manufacture of denim fabrics, Machinery for use with shuttleless looms etc. as specified in List 12 to the notification No. 50/2017-Customs, and parts for their manufacture for use in textiles industry 3. 432 [exemption is being phased out as per details in column (3)] Goods (other than old a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s such as High Voltage DC Divider and CT, High Voltage DC Reactor, High TRV Circuit Breaker for High Voltage DC application, Optical Current Transformer etc. in this entry. [w.e.f 1.4.2023] 9. 405 [exemption is being phased out as per details in column (3)] Wind operated electricity generators, its parts and raw material, thereof 1. Concessional BCD rate to be withdrawn for item No. (1) (3) of this entry that include wind operated electricity generators (WOEG) upto 30 kW, wind operated battery chargers upto 30kW and blades for the rotors of WOEG [w.e.f 1.4.2022] 2. Concessional BCD rate to be withdrawn for the remaining items, such as parts of wind operated electricity generators including special bearings, gear box, yaw components, wind turbine controllers etc. and parts thereof and parts of blades, raw materials of blades etc. in this entry. [w.e.f 1.4.2023] 10. 406 [w.e.f 1.4.2023] Permanent magnets for manufacture of PM synchronous generators above 500KW for use in wind operated electricity generators 11. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 458 [w.e.f 1.4.2023] Machinery for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable fats or oils Other Sectors 20. 393 [w.e.f 1.4.2023] (i) Cricket bat and hockey stick splice joining machine (ii) Rugby ball or soccer ball stitching Machine (iii) Moulds for soccer ball, basketball and volley ball 21. 394 [w.e.f 1.4.2023] Bacteria removing clarifier 22. 395 [w.e.f 1.4.2023] Marine seawater pumps with fibre impellers and Automatic fish/prawn feeder 23. 407 [w.e.f 1.4.2023] Goods required for, - (a) the substitution of ozone depleting substances (ODS); (b) the setting up of new capacity with non ODS technology. 24. 408 [w.e.f 1.4.2023] Goods required for renovation, modernization or maintenance of a fertilize ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ptember 2023, all projects registered under project imports will attract 7.5% BCD rate. B. Review of concessional rates of BCD prescribed in notification No. 50/2017 customs dated 30.06.2017: The BCD exemption hitherto available on certain goods are being withdrawn by omitting some of the entries of notification No. 50/2017Customs dated 30.6.2017 as shown below. Additionally, modifications have also been made with respect to some of the entries of notification No. 50/2017-Customs dated 30.6.2017, wherein end-dates have been prescribed, and partial changes has been made to the exemptions. These changes are detailed below. S. No. S. No. of notification No. 50/ 2017 Description Entries to be immediately omitted 1. 4 Atlantic Salmon 2. 26 Hazelnuts or filberts, shelled and in-shell 3. 28 Other nuts, shelled and in-shell ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Triband Phosphor 19. 235 Ceramic Colours 20. 236 Glass frit and other glass, in the form of powder, granules or flakes 21. 241 Vinyl Polyethylene Glycol for use in manufacture of Poly Carboxylate Ether 22. 242 The following goods for use in the manufacture of Plasma Volume Expanders, namely: Hydroxyethyl starch and Dextran 23. 277 Mica glass tape for use in manufacture of insulated wire and cables 24. 293 Grape guard paper (paper used for packaging grapes) 25. 324 Monofilament long line system for tuna fishing and condition No. 34 26. 327 Samples of hand knotted carpets and c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 41. 289 Wood in chips for use in manufacture of paper, paperboard newsprint [End-date of 31.03.2023 is prescribed] 42. 430 Goods used for Research and Development purpose in pharmaceutical and bio- technology sector. [End-date of 31.03.2023 is prescribed] 43. 479 Mono or Bi polar Membrane electrolysers and parts; Membrane and parts; Parts, other than those for caustic soda unit or caustic potash unit [End-date of 31.03.2024 is prescribed] 44. 594 Snow-skis and other snow-ski Equipment; Water-skis, surfboards, sailboards and other water-sport equipment [End-date of 31.03.2023 is prescribed] Section 25 (4A) of the Customs Act, inserted vide Finance Act, 2021, prescribes that where any exemption is granted subject to any condition under sub section (1), such exemption shall, unless otherwise specified or varied or rescinded, be valid up to 31st da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o- diesels 50. 215 The Blood group sera, namely: -Anti C., anti E., anti c., anti e., anti M., anti N., anti Le., anti-Pl., anti S., antihuman globulin sera, anti F., anti kell, anti cellane, anti Jka., and anti I 51. 224 Potassium Nitrate, in a form indicative of its use for manurial purpose 52. 248 Dipping oil, Paclobutrazol (Cultar) 53. 466 Parts/ sub-parts, components or accessories for use in the manufacture of tablet computer. 54. 485 Deflection components for use in colour monitors for computers or for use in PCBs of colour monitors for computers 55. 496 Stepper Motors for use in the manufacture of goods falling under heading 8471 56. 505 Parts of Set-top box for use in its manufacture ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 64. 167 (A) Lifesaving drugs/medicines including their salts and esters and diagnostic test kits specified in List 4. (B) Bulk drugs used in the manufacture of drugs or medicines at (A). [Exemptions under List-4 is being rationalized in the manner as detailed in the Note at S. No. 63 above; Entry at S. No. 167 (C) has been omitted as a similar exemption is available under S. No. 607 (b) of notification No. 50/2017 Customs] Note: Items included in List 4 under S. No. 167 provides for customs duty exemption on the imports of Lifesaving drugs/medicines, diagnostic kits, etc. along with bulk drugs used in the manufacture of such goods. The items in the said list has been reviewed. Accordingly, 3 items in List 4 [Diagnostic agent for detection of Hepatitis B antigen, Diagnostic kits for detection of HIV antibodies, Enzyme Linked Immuno absorbent Assay kits (ELISA kits)] have been transferred to List 3, 2 bulk drugs [bulk drug substance for poliomyelitis vaccine (inactivated and live) and Monocomponent Insulin] that are currently included in List 4 would be transferred to List 3 after 2-3 years, and 36 items from List 4 have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation prescribes concessional rate of customs duty on items relating to import of raw materials and parts for use in manufacture of electronic items. Upon review of exemption, it has been pruned to remove redundant exemption entries and exemptions related to obsolete items and accordingly, more than 125 entries have been omitted. [Sunset date of 31.03.2024 been applied for the remaining entries] 3. 25/2002-Customs dated 01.03.2002 This notification prescribes concessional rate of customs duty on import of items relating to capital goods used in manufacture of electronic items. [Sunset date of 31.03.2024 been applied for the all entries] 4. 27/2011-Customs dated 01.03.2011 This notification prescribes concessional rate of customs duty on export of goods. Upon review of the exemption, the entries under S. Nos. 20B, 63 and 64 have been omitted as these entries have become obsolete. 5. 37/2017-Customs dated 30.06.2017 This notification prescribes concessional rate of customs duty on import of ite ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Technology goods. 9. 08/2011-Customs dated 14.02.2011 This notification prescribes exemption from the whole of the additional duty of customs, leviable thereon under subsection (1) of section 3 of the said Customs Tariff Act, on jute products imported from Bangladesh or Nepal. The notification has been rescinded as post introduction of GST, the jute products attract integrated tax on imports. 10. 24/2011-Customs dated 1.03.2011 This notification exempts Basic Customs Duty on copper concentrate as is equivalent to the duty of customs leviable on the value of Gold and silver contained in such copper concentrate. 11. 49/2013-Customs dated 29.11.2013 This notification prescribed concessional rate of customs duty on import of Anti-Tuberculosis Drugs, Diagnostics and Equipment and had lapsed on 1st April, 2016. 12. 23/2014-Customs dated 11.07.2014 This notification prescribed concessional rate of customs duty on import of Drugs equipment import ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 30/2004-Customs dated 28.01.2004 This notification prescribes concessional rate of customs duty on import of second hand computers as donation [All the entries in the notification, unless varied or rescinded, will have validity up to 31.03.2023.] 5. 81/2005-Customs dated 08.09.2005 This notification prescribes concessional rate of customs duty on machinery/components for initial setting up of power generation project [All the entries in the notification, unless varied or rescinded, will have validity up to 31.03.2023.] 6. 5/2017-Customs dated 02.02.2017 This notification prescribes concessional rate of customs duty on machinery, equipment, apparatus, components and appliances for initial setting up of fuel cell based system for generation of power [All the entries in the notification, unless varied or rescinded, will have validity up to 31.03.2023.] 7. 16/2017-Customs dated 20.04.2017 This notification prescribes concessional rate of customs duty on specifi ..... 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