BUDGET
List of revised customs duty and cess on some items
This story was originally published at 16:08 IST on 1 February 2026
Register to read our real-time news.Informist, Sunday, Feb. 1, 2026
MUMBAI – The Centre on Sunday announced changes in basic customs duty and cess in the Budget for 2026-27 (Apr-Mar). Customs duty is levied on imports and exports of goods and helps the government raise revenue. The Budget has estimated customs revenue for FY27 at INR 2.712 trillion compared with FY26 estimate of INR 2.400 trln.
The Centre revises customs duty rates based on broader economic policies, trade relations, and global market dynamics. Meanwhile, cess is levied on base tax with a specific purpose.
Following are the changes proposed in customs duty:
Items | New (%) | Old (%) |
Monazite | Nil | 2.5 |
Sodium antimonate for use in manufacture of solar glass | Nil | 7.5 |
Specified capital goods for use in manufacture of lithium-ion cells for batteries of Battery Energy Storage System | Nil | As applicable |
All goods for generation of nuclear power falling under tariff item 8401 30 00 | Nil | 7.5 |
Control and Protector Absorber Rods, Burnable Absorber Rods for generation of nuclear power falling under tariff item 8401 40 00 | Nil | 7.5 |
Goods required for the setting up of specified Nuclear Power Projects, irrespective of their capacity, where the projects have been registered with the Customs Houses concerned on or before Sept. 30, 2035 in compliance with the Project Import Regulations, 1986 | Nil | As applicable |
| Specified goods for use in the manufacture of Microwave Ovens falling under tariff item 8516 50 00 | Nil | As applicable |
| Components or parts including engines, of aircraft, for manufacture of aircraft and parts of the aircraft | Nil | As applicable |
| Raw materials for manufacture of parts of aircraft for maintenance, repair, or overhauling of aircraft or components or parts of aircraft, including engines, when imported by Public Sector Units under the Ministry of Defence | Nil | As applicable |
| 17 new drugs/medicines to be added in List 3 appended to TABLE I of notification No. 45/2025-Customs dated 24.10.2025 | Nil | 5, 10
|
| 7 rare diseases that are part of National Policy for Rare Disease (NPRD), 2021 to be added in List 22 appended to TABLE I of notification No. 45/2025- Customs dated 24.10.2025 for customs duty exemption on drugs, medicines and food for special medical purposes, when imported for personal use | Nil | As applicable |
| All dutiable goods, imported for personal use under Chapter heading 9804 | 10 | 10/20 |
| Potassium hydroxide | 7.5 | Nil |
| Umbrellas (other than garden umbrellas) covered under tariff items 6601 9100 and 6601 9900 | 20 or INR 60 per piece, whichever is higher | 20 |
| Parts, trimmings and accessories of articles of heading 6601 to 6602 | 10 or INR 25 per kg, whichever is higher | 10 |
End
Reported by Ashutosh Pati
Edited by Vandana Hingorani
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
