Ministry of Finance

Tariff measures taken to curb the imports of non-essential items

Posted On: 26 SEP 2018 7:00PM by PIB Delhi
  1. The Central Government has taken tariff measures, by way of increase in the basic customs duty, to curb import of certain imported items. These changes aim at narrowing the current account deficit (CAD).
  2. In all the customs duty has been increased on 19 items as detailed below:

S. No.

Item

Tariff code (HSN)

Basic customs duty

From

To

1

Air conditioners

8415

10

20

2

Household Refrigerators

8418

10

20

3

Washing machines less than 10 Kg

8450

10

20

4

Compressor for air conditioners and refrigerators

8414 30 00 / 8414 80 11

7.5

10

5

Speakers

8518 29 00

10

15

6

Footwears

6401 to 6405

20

25

7

Radial Car tyres

4011 10 10

10

15

8

Non industrial diamond (other than rough diamonds), i.e., cut and polished diamond

71

5

7.5

9

Diamonds-semi processed, half cut or broken  

71

5

7.5

10

Lab grown diamonds

71

5

7.5

11

Cut and polished Colored gemstone

71

5

7.5

12

Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

7113

15

20

13

Articles of Goldsmith or silversmith wares and parts thereof of precious metal or of metal clad with precious metal

7114

15

20

14

Bath, shower bath, sink, wash basin, etc. of plastics

3922

10

15

15

Articles of plastics for conveyance and packing such as boxes, case, containers, bottles, insulated ware etc.

3923

10

15

16

Tableware, kitchenware and other household items of plastics

3924

10

15

17

Miscellaneous items of plastics such as office stationery, fitting for furniture’s, decorative sheets, statuettes, beads, bangles etc.

3926

10

15

18

Trunks, Suitcase, Executive cases, Brief Cases, travel bags and other bags etc.

4202

10

15

19

Aviation turbine fuel

2710 19 20

0

5

 

  1. Notifications are being issued today. These changes in rates of basic customs duty (BCD) will be effective from 27.09.2018 (i.e., midnight of 26th September/27th September, 2018)
  2. The total value of imports of these items in the year 2017-18 was about Rs  86000 Crore.

 

DSM/RM/KA

 



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