Parts and Accessories of Medical Equipments Attracts 7.5
percent Basic Duty for After Sales Service
CVD Zero, Special CVD of 4%
Applicable
An
explanation has been inserted in SNo. 357A of Notification 21/01.03.2002 to
ensure 5 percent duty concession is only on complete medical equipments and not
on parts and accessories thereof.
In
exercise of the powers conferred by sub-section (2A) of section 25 of the
Customs Act, 1962 (52 of 1962), the Central Government, on 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. 21/2002- Customs, dated the
1st March, 2002 , published in the Gazette of India, Extraordinary vide number
G.S.R.118 (E) , dated the 1st March, 2002, namely:-
In
the said notification, in the Table, for S. No. 357A and the entries relating
thereto, the following shall be substituted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
"357A |
9018,
9019, 9020, 9021 or 9022 |
Goods
required for medical, surgical, dental or veterinary use Explanation
- For the purposes of this exemption, the term “Goods” refers to medical instruments / appliances required for medical, surgical, dental
or veterinary use only and does not refer to Parts and spares thereof. |
5% |
- |
-". |
[F. No. 354/44/2010-TRU]