Customs Duty on Raw, Refined, White Sugar and Natural Rubber Increased

·     Colemanite, Other Boron Ores and Raw Silk (not thrown) Reduced

·     Digital Still Image Video Cameras (DSC) and their Parts Exempted

·   Basic Customs Duty on raw and refined / white sugar has been increased from 25% to 40%. S.Nos.76, 77 and 78 of notification No.12/2012-Customs, dated 17.03.2012 as amended by notification No.28/2015-Customs, dated 30.04.2015 refer.

·   Basic Customs Duty on Colemanite and other Boron ores has been reduced from 2.5% to Nil. S.No.113 of notification No.12/2012-Customs, dated 17.03.2012 as amended by notification No.28/2015-Customs, dated 30.04.2015 refers. S.No.113A has been omitted since ulexite ore, being a boron ore, will be eligible for Nil duty under S.No.113.

·   Basic Customs Duty on natural rubber (NR) has been increased from 20% or Rs. 30 per kg., whichever is lower, to 25% or Rs. 30 per kg., whichever is lower. S.No.252 of notification No.12/2012-Customs, dated 17.03.2012 as amended by notification No.28/2015-Customs, dated 30.04.2015 refers.

·   Basic Customs Duty on raw silk (not thrown) has been reduced from 15% to 10%. S.No.276 of notification No.12/2012-Customs, dated 17.03.2012 as amended by notification No.28/2015-Customs, dated 30.04.2015 refers.

·   5) All Digital Still Image Video Cameras (DSC) falling under tariff item 8525 80 20 irrespective of their specification [including the restriction with reference to video recording time] and their parts are being exempted from Basic Customs Duty. S.No.428A and 429 of notification No.12/2012-Customs, dated 17.03.2012 as amended by notification No.28/2015-Customs, dated 30.04.2015 refer.

[Customs Notification No. 28 dated 30th April 2015]

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012-Customs, dated the 17th March, 2012 which was published in the Gazette of India, Extraordinary vide number G.S.R. 185(E), dated the 17th March, 2012, namely: -

In the said notification, in the Table,-

(i)    against S. No. 76, for the entry in column (4), the entry “40%” shall be substituted;

(ii)   against S. No. 77, for the entry in column (4), the entry “40%” shall be substituted;

(iii)  against S. No. 78, for the entry in column (4), the entry “40%” shall be substituted;

(iv)  against S. No. 113, for the entry in column (4), the entry “Nil” shall be substituted;

(v)   serial number 113A and the entries relating thereto shall be omitted;

(vi)  in S. No. 252, against item (ii) of column (3), for the entry in column (4), the entry “25% or Rs.30/- per kg, whichever is lower” shall be substituted;

(vii)  against S. No. 276, for the entry in column (4), the entry “10%” shall be substituted;

(viii) against S. No. 428A, for the entry in column (3), the entry “Digital Still Image Video Cameras” shall be substituted;

(ix)  against S. No. 429, for the entry in column (3), the entry “Parts and components of Digital Still Image Video Cameras” shall be substituted.

[F. No. 334/5/2015-TRU]