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EquityWireBUDGET: List of revised customs duty and cess on some items
BUDGET

List of revised customs duty and cess on some items

This story was originally published at 17:36 IST on 1 February 2025
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Informist, Saturday, Feb. 1, 2025

 

NEW DELHI – The Centre Saturday announced changes in basic customs duty and cess in the Budget for 2025-26 (Apr-Mar). The Budget has estimated customs revenue for FY26 at INR 2.400 trillion rupees compared with the revised estimate of INR 2.350 trillion rupees for FY25.

 

Following are the changes proposed in customs duty:

 

ItemsNew (%)Old (%)
Cobalt powder05
Zinc waste and scrap05
Lead waste and scrap05
Lithium-Ion battery scrap and waste05
Carrier grade ethernet switches1020
Open cell (with or without touch) for interactive flat panel display, touch glass sheet, touch sensor printed circuit board515/10
Wet blue leather010
Shuttle-less loom papier looms below 650 metres per minute, shuttle-less loom air jet looms below 1,000 metres per minute for making textiles07.5
Frozen fish paste (Surimi) for making Surimi analogue products, for export530
Fish Hydrolysate for making aquatic feed515
Platinum findings525
Inputs, parts of open cells for making panels of LED/LCD TV02.5
Motor vehicles for transport of 10 or more persons2025/40
Motor vehicles with cost-insurance-freight value above $40,000, or with above 3000-cc- petrol/2500-cc-diesel engine capacity70100
Motor vehicles for transport of goods2025/40
Motor cycles with less than 1600 cc engine capacity in completely built unit form4050
Motor cycles with less than 1600 cc engine capacity in semi knocked-down form2025
Motor cycles with less than 1600 cc engine capacity in completely knocked-down form1015

 

Following are the changes proposed in customs tariff rate:

 

ItemsNew (%)Old (%)
Glycerol crude, glycerol waters, glycerol lye2030
Phosphoric Acid7.520
Flat-rolled products in coils of thickness 4.75-10 mm1522.5
Flat-rolled products in coils of thickness 3-4.74 mm1522.5
Flat-rolled stainless steel products of width 600 mm or more - nickel chrome austenitic type1522.5
Flat-rolled stainless steel products of width 600 mm or more - other sheets and plates1522.5
Marble and travertine, crude or roughly trimmed, cut into blocks, slabs2040
Granite, crude or roughly trimmed, cut into blocks, slabs2040
Synthetic flavouring essences used in food and drink20100
Candles, tapers and the like2025
Articles of Jewellery and parts thereof2025
Articles of goldsmith and silversmith wares2025
Copper waste and scrap02.5
Tin waste and scrap05
Tungsten waste and scrap05
Molybdenum waste and scrap05
Tantalum waste and scrap05
Cobalt waste and scrap05
Bismuth and bismuth alloy waste and scrap05
Solar cells2025
Solar module, other semiconductor devices, photovaltaic cells2040
Yachts, rowing boats, canoes2025
All dutiable articles imported by a passenger or a member of a crew in baggage70100
All dutiable goods imported for personal use2035

 

Following are the changes proposed in agriculture infrastructure and development cess:

 

ItemsNew (%)Old (%)
Marble and travertine, crude or roughly trimmed, cut into blocks, slabs200
Granite, crude or roughly trimmed, cut into blocks, slabs200
Candles, tapers and the like7.50
PVC Flex Films, PVC Flex Sheets, PVC Flex Banner7.50
Waterproof Footwear with outer soles and Uppers of Rubber or Plastics18.50
Other Footwear With Outer Soles And Uppers of Rubber or Plastics18.50
Marble slab200
Platimum findings1.40
Solar cells7.50
Solar module, other semiconductor devices, photovaltaic cells200
Motor vehicles for transport of 10 or more persons200
Motor vehicles for transport of goods200
Used motor vehicles67.50
Used motorcycles and cycles fitted with an auxiliary motor400
Yachts and other vessels for pleasure of sports7.50

 

Following goods are being exempted from levy of social welfare surcharge:

 

Items:
Candles, tapers and the like
PVC flex films including flex banner and PVC flex sheets
Solar cells
Yachts and other vessels for pleasure of sports
Electricity meters for alternating current
Mattress supports, articles of bedding and similar furnishing
Luminaries and lighting fittings including searchlights and spotlights and parts thereof
Parts of electronic toys
Waterproof Footwear with outer soles and Uppers of Rubber or Plastics
Other Footwear with Outer Soles and Uppers of Rubber or Plastics
Solar Module, other semiconductor devices and photovoltaic cells
Motor vehicles for transport of 10 or more persons
Motor vehicles for transport of goods
Used motorcycles and cycles fitted with an auxiliary motor with or without side-car

 

End

 

Compiled by Rajesh Gajra

Filed by Akul Nishant Akhoury

 

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