Reduced the Import duty on key raw materials used in the Steel and Plastics industry
The CBIC vide Notification No. 26/2022-Customs dated May 21, 2022 amended Notification No. 50/2017- Customs dated June 30, 2017 w.e.f. May 22, 2022 to reduce the customs duty and IGST on import in excess of as specified under: –
|
S. No. |
Heading | Description of Goods |
Standard Rate |
IGST |
Condition No. |
| 141A | 2701 |
(a) Anthracite/Pulverized coal injection (PCI) coal. (b) Coking coal |
Nil | – |
– |
|
141B |
2704 |
Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated |
Nil | – | – |
| 141C | 2710 | Naphtha | 1% | – |
– |
|
191A |
2910 20 00 |
Methyl oxirane (propylene oxide) |
2.5% | – | – |
| 267 | 3904 |
All goods other than polymers of vinyl chloride All goods |
7.5% | – |
– |
|
364D |
7202 60 00 |
Ferro-nickel | Nil | – |
– |
The Notification can be accessed at - https://taxinformation.cbic.gov.in/view-pdf/1009309/ENG/Notifications
