Motor Cycles in CKD Kits with Engine Transmission and Gear Box in Assembled Form lowered from 30 percent to 25 percent

·     Engine, Transmission and Gear Box is Mounted on Body, Duty Lowered from 60 percent or 75 percent to 50 percent

[Notification No. 26/2018-Customs dated 12 February 2018]

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

In the said notification, in the Table, for S.No.531 and the entries relating thereto, the following S.No. and entries shall be substituted, namely: -

 

531

8711

Motor cycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side cars, and side cars, new, which have not been registered anywhere prior to importation-

 

 

 

 

 

(1) as a completely knocked down (CKD) kit containing all the necessary components, parts or sub-assemblies, for assembling a complete vehicle, with-

 

 

 

 

 

(a) engine, gearbox and transmission mechanism not in a pre-assembled condition;

15%

-

-

 

 

(b) engine or gearbox or transmission mechanism in pre-assembled form, not mounted on a body assembly;

25%

-

-

 

 

(2) in a form other than (1) above.

50%

-

-

 

F. No.354/33/2018- TRU]

 

 

 

 

Current Position

Budget

Before Budget

 

 

531.

8711

Motor cycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side cars, and side cars, new, which have not been registered anywhere prior to importation,-

(1) as a completely knocked down (CKD) kit containing all the necessary components, parts or sub-assemblies, for assembling a complete vehicle, with,-

 

 

 

 

 

 

 

(a) engine, gearbox and transmission mechanism not in a pre-assembled condition;

15%

15%

10%

-

-

 

 

(b) engine or gearbox or transmission mechanism in pre-assembled form, not mounted on a body assembly.

25%

30%

30%

-

-

 

 

(2) in any form other than (1) above)

other form excluding motor cycles with engine capacity of 800 cc or more;

50%

60%

60%

-

-

 

 

(3) Motor cycles with engine capacity of 800 cc or more

[06/02.02.2018- Duty increased from 10% to 15%]

75%

75%

75%

-

-