ACs, fridge, radial tyres. furniture, plastic products to get costly; READ LIST of all items

Import duty has been increased on a list of 19 non-essential commodities

The Hush Post: The government has raised import duties on 19 categories of “non-essential items”. These items include washing machines, air conditioners, plasticware, stationery, radial tyres among other things.

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), a statement of Ministry of Finance said.  In all, the customs duty has been increased on 19 items.

There has been a widening current account deficit resulting from high crude oil prices and historic dip in rupee value. The enhanced duty rates have come into effect from midnight of September 26-27.

Here is the full list of non-essential commodities import duty on which has been increased:

Raised from 20 per cent to 25 per cent

Imported footwear excluding parts of footwear such removable in-soles

Raised from 15 per cent to 20 per cent

  • Articles of jewellery, goldsmith, silver wares
  • Any jewellery-clad with precious metal

Raised from 10 per cent to 20 per cent

  • Air conditioners
  • Washing machines with less than 10 kg category
  • Household refrigerators

From 10 per cent to 15 per cent

  • Speakers
  • Radial car tyres
  • Tableware, kitchenware and other household items of plastic
  • Articles of plastic such as, boxes, bottles, cases, insulated ware and containers
  • Office stationery
  • Furniture fittings
  • Decorative sheets, statuettes, beads and bangles
  • Trunk, suitcases, executive cases, briefcases, travel bags and other bags
  • Bath, shower bath, bath sink and wash basin made of plastic

From 7.5 per cent to 10 per cent 

  • Compressors, which are used in refrigerators and air conditioners

From 5 to 7.5 per cent

  • Cut and polished diamonds
  • Semi-processed diamonds
  • Lab-grown diamonds
  • Cut and polished coloured gemstones

From nil to 5 per cent

  • Aviation turbine fuel

Leave a Reply