Saturday, February 28, 2015

#HighlightBudget2015 #BasicCustomDuty

Basic Custom Duty



  • Basic custom duty on digital still image video camera with certain specification reduced to nil.
  • Increase in basic custom duty:
    • Metallurgical coke from 2.5 % to 5%.
    • Tariff rate on iron and steel and articles of iron and steel increased from 10% to 15%.
    • Tariff rate on commercial vehicle increased from 10 % to 40%.