The Central Government has issued a Press Release dated September 26, 2018 (refer below) by increasing the Basic Customs Duty, to curb import of certain imported items. These changes in rates of Basic Customs Duty (BCD) will be effective from September 27, 2018 (i.e., midnight of September 26, 2018 or September 27, 2018).
The following are the list of 19 items on which BCD has been increased:
S. No. | Item | Tariff code (HSN) | Basic customs duty | |
Existing | Revised | |||
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 |