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« Customs and Excise »
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 Notification No. 26/2021 Customs Ministry Of Finance
 Delhi Customs issues Covid-19 Facilitation Measures: Relaxation in Procedure for Inbonding of Cargo Import under Warehouse Bill of Entry
 Notification No. 32/2020 CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
  Notification No. 07/2020 Central Board of Indirect Taxes and Customs
 Notification No. 07/2020 Central Board of Indirect Taxes and Customs
 Notification No. 01/2020 Central Board of Indirect Taxes and Customs
  Notification No.91/2019 Central Board Of Indirect Taxes And Customs
 Notification No. 90/2019 Central Board of Indirect Taxes and Customs
 Notification No. 89/2019 Central Bord Of Indirect Taxes And Customs
 Notification No.88/2019 Central Board Of Indirect Taxes And Customs
 Notification No. 87/2019- Customs Ministry Of Finance

Customs Duty for consumer electronics under project imports should be reduced to 0%, says FICCI
February, 18th 2012

Customs Duty on Panels for LCD & LED TVs should be brought down to 0% and end user condition should be waived off.

> Import Duty on Set Top Box - increase the Customs Duty from 5% to 10%.

> Manufacturers who are selling items post imports has to undergo cumbersome refund process for getting back Special Additional Duty (SAD) allowed vide Notification. 102/97. The process of claiming refunds from customs is time consuming and normally takes 9 to 12 months for recovery. SAD levy should be removed both for trading and manufacturing items as it does not generate revenue for the Government. For traders, SAD is exempted and for manufacturers CENVAT credit available. More over this is adding to the transaction cost of companies.

> Customs Duty under project imports should be reduced from 5% to 0%.

> The Customs Duty for R&D items should be reduced to 0% to promote R&D activities in India. This is particularly important for air-conditioning, refrigeration and electronic industry.

> Customs duty relaxation should be allowed to units manufacturing Energy efficient products.

> Customs Duty relaxation should be allowed to parts, components, spares, raw materials, supporting machines, tools
and dies for manufacturers who adopt Non ODS Technology in manufacturing of products.

> Customs Duty on Magnetron should be reduced to 0% without IGCR condition. Magnetron is one of the most costly parts of Microwave.

> DVD Writer is a product which is in the Information Technology Agreement of India (ITA- 1 List), Government has thrust to promote manufacturing and Export of these products. The Customs Duty for import of parts & components should be fully exempted for DVD Writer.

> Customs Compliance to be shifted from current mode to Self compliance mode with stringent violations norms.

> Import of commercial items should be allowed in personal baggage for big manufacturers to meet contingencies.

> MRP based assessment for Home Appliance products should be increased to at least 45%.

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