Indian Government to Slap Enhanced Tariff on US from 4 August

· Retaliation against US Measures on Indian Exports of Steel and Aluminium

· 5 to 10% Hike on Almonds, Walnuts, Apples, Phosphoric Acid, Boric Acid along with Lab Reagents, Chemical Mixtures, and some Steel Items

· Schedule Rate on 30 Tariff Lines Notified by Emergency Powers to Amend Customs Tariff Act, 1975, Government uses Special Powers to By-Pass Parliament

· Effective Rates Maintained by Exemption Notification for All Countries other than US

· Pulses also Affected but Nominal Import from US

· India, China, EU, Canada, Mexico, Join together in Trade War with US, Japan to Follow Soon

· Duty on Mechanical for Mobile Phones Raised to 25% from 15%

[Notification No.48/2018–Customs dated 20 June 2018]

Seeks to increase the tariff rate on goods in chapters 7, 8, 28, 38, 72 and 73 in the First Schedule to the Customs tariff Act, 1975.

WHEREAS the Central Government on being satisfied that the import duty leviable on goods, falling under Chapters 7, 8, 28, 38, 72 and 73 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action.

Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule to the said Customs Tariff Act, shall be amended in the following manner, namely:-

In the First Schedule to the said Customs Tariff Act,-

(1) in Chapter 7, for the entry in column (4) occurring against-

(i) tariff items 0713 20 10, 0713 20 20 and 0713 20 90, the entry “70%” shall be substituted;

(ii) tariff item 0713 40 00, the entry “40%” shall be substituted;

(2) in Chapter 8, for the entry in column (4) occurring against-

(i) tariff item 0802 11 00, the entry “Rs 42/kg” shall be substituted;

(ii) tariff item 0802 12 00, the entry “Rs 120/kg ” shall be substituted;

(iii) for tariff item 0802 31 00, the entry “120% ” shall be substituted;

(iv) tariff item 0808 10 00, the entry “75% ” shall be substituted;

(3) in Chapter 28, for the entry in column (4) occurring against-

(i) tariff item 2809 20 10, the entry “20%”shall be substituted;

(ii) tariff item 2810 00 20, the entry “17.5%”shall be substituted;

(4) in Chapter 38, for the entry in column (4) occurring against-

(i) tariff item 3822 00 90, the entry “20%”shall be substituted;

(ii) tariff item 3824 99 90, the entry “17.5%”shall be substituted;

(5) in Chapter 72, for the entry in column (4) occurring against-

(i) tariff items 7210 12 10 and 7210 12 90, the entry “27.5%”shall be substituted;

(ii) tariff items 7219 12 00, 7219 13 00, 7219 21 90 and 7219 90 90, the entry “22.5%”shall be substituted;

(iii) tariff item 7225 11 00, the entry “20%”shall be substituted;

(6) in Chapter 73, for the entry in column (4) occurring against tariff items 7307 29 00, 7307 99 90, 7308 90 90, 7310 29 90, 7318 15 00, 7318 16 00, 7318 29 90, 7320 90 90, 7325 99 99, 7326 19 90, and 7326 90 99, the entry “25%” shall be substituted.

[F.No.341/15/2018-TRU]

[Notification No.49/2018-Customs dated 20 June 2018]

Seeks to further amend notification No. 50/2017-customs dated 30th June 2017, to prescribe effective rate of duty on specified goods.

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,-

(1) after S. No. 14 and the entries relating thereto, the following serial number and entries shall be inserted with effect from the 4^th day of August, 2018, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“14A	0511 99 11	Artemia originating in the United States of America	15%	-	-“;

(2) after S. No. 21 A and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“21B	0713 20 20	Bengal Gram (desichana)	60%	-	-
21C	0713 20 90	Chickpeas (garbanzos)	60%	-	-
21D	0713 40 00	Lentils (Mosur)	30%	-	-”;

(3) after S.No. 24 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“24A	08021100	All goods	Rs. 35 per kg/-	-	-
24 B	0802 12 00	All goods	Rs. 100 per kg/-	-	-“;

(4) after S. No. 26 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“26 A	0802 3100	All goods	100%	-	-“;

(5) after S. No. 32 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“32 A	0808 10 00	All goods	50%	-	-“;

(6) in S. No. 169, for the entry in column (2), the following entry shall be substituted namely:-

	(2)
	“28 (except 2823 00 10, 2809 20 10 or 2810 00 20)”;

(7) after S. No. 177 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“177A	2810 00 20	Boric Acid	7.5%	-	-”;

(8) after S. No. 249 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“249A	38220090	Diagnostic Reagents	10%	-	-”;

(9) in S. No. 250, for the entry under column (3), the following entry shall be substituted, namely:-

		(3)
		“All goods other than those at S. No. 250A”;

(10) after S. No. 250 and the entries relating thereto, the following serial number. and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“250A.	38249990	Binders for foundry moulds	7.5%	-	-”;

(11) in S. No. 365, for the entry under column (3), the following entry shall be substituted, namely:-

	(3)
	“All goods other than goods mentioned against serial numbers 371 and 371A”;

(12) for S. No. 366 and the entries relating thereto, the following serial number and entries shall be substituted, namely:-

(1)

(2)

(3)

(4)

(5)

(6)

“366

72 (except 7202 60 00, 7208, 7209, 7210, 7211, 7212, 7225 11 00, 72253090, 72254019, 7225 50 or 72259900)

All goods other than the following:-

(i) goods mentioned against serial numbers 367, 368, 369, 370, 371, 371B and 376;

(ii) seconds and defectives of goods falling under Chapter 72

-“;

(13) in S. No. 371, for the entry under column (3), the following entry shall be substituted, namely:-

	(3)
	“All goods other than those at serial number 371A”;

(14) after S. No. 371 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“371A	72101210, 721012 90	All goods	12.5%	-	-
371B	72191200, 72191300, 72192190, 721990 90	All goods	7.5%	-	-“;

(15) in S. No. 376, for the entry under column (3), the following entry shall be substituted, namely:-

	(3)
	“All goods other than those at serial number 371B and seconds and defectives”;

(16) after S. No. 376 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“376A	7225 11 00	All goods	5%	-	-

(17) in S. No. 377, for the entry under column (3), the following entry shall be substituted, namely:-

	(3)
	“All goods other than those at serial number 377A [other than screw (7318 15 00) and SIM socket / Other Mechanical items (Metal) (7326 90 99) for cellular mobile phone]”;

(18) after S. No. 377 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“377A	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%	-	-“;

2. After the first proviso, the following proviso shall be inserted with effect from the 4^th day of August, 2018 namely:-

“Provided further that nothing contained in entries against serial numbers 14,21B, 21C, 21D, 24A, 24B, 26A, 32A,177, 177A, 249A, 250A, 371A, 371B, 376A, and 377A of the said Table, shall apply to goods originating in the United States of America”.

3. Save as otherwise provided, this notification shall come into force on the date of its issue by the Central Government for publication in the Official Gazette.

[F.No. 341/15/2018- TRU]