Extension in implementation of the retaliatory duties

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The Central Government vide Notification No. 62/2018 (Tariff) dated September 17, 2018 has further amended Notification No. 50/2017 (Tariff) dated June 30, 2017 so as to defer the exemption from payment of duties of Customs and Integrated Taxes on import of following goods from so much of duties/ taxes as mentioned in column 3 and 4 below, which originates in United States of America:

Chapter or Heading or sub–heading or tariff item Description of goods Standard rate (BCD) Integrated Goods and Services Tax
[1] [2] [3] [4]
0511 99 11 Artemia 5%
0511 99 11 Artemia originating in the United States of America 15%
0713 20 20 Bengal Gram (desichana) 60%
0713 20 90 Chickpeas (garbanzos) 60%
0713 40 00 Lentils (Mosur) 30%
08021100 All goods ₹ 35 per kg/-
0802 12 00 All goods ₹ 100 per kg/-
0802 3100 All goods 100%
0808 10 00 All goods 50%
2809 20 10 All goods 5%
2810 00 20 Boric Acid 7.5%
38 Bio-pesticides, based on –

 

(i) Bacillus thuringiensis var. kurstaki

 

(ii) Bacillus thuringiensis var. israelensis

 

(iii) Bacillus sphaericus

 

(iv) Saccharopolyspora spinosa

5%
38249990 Binders for foundry moulds 7.5%
72101210, 721012 90 All goods 12.5%
72191200, 72191300, 72192190, 721990 90 All goods 7.5%
7225 11 00 All goods 5%
73072900, 73079990,

73089090, 73102990, 73181500, 73181600, 73182990, 73209090, 73259999, 73261990,

73269099

All goods[other than screw (7318 15 00) and SIM socket / Other Mechanical items (Metal) (7326 90 99) for cellular mobile phone] 10%

 

This exemption was earlier proposed to be made effective from September 18, 2018 which is now deferred till November 02, 2018.

Read more at: http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2018/cs-tarr2018/cs62-2018.pdf;jsessionid=5B3205CC974EE79DBEE91E54CE6BE669