Product Overview
Key Features
Goods / Raw Materials Normally a BCD of 10% is charged along with a CVD of 10.3% and ACVD of 4%. This works out to a total of 26.849%The duties (BCD) on the agricultural goods are 30%. In some cases however they may be up-to 85%. For spirits duties upto Rs. 150 per liter are levied.For minerals normal duty are 10%, 5%, 2%, NILThe duty on the textile fabrics is with floor value on per sq. m basis depending upon the kind of and weight of the fabric. Capital Goods Capital Goods, machinery, equipments mostly covered under chapter 84 and 85 normally attract duty of 7.5% + CVD and ACVD. This works out to a total of 23.895%. Duties are lesser for computers & and computer parts and telecom related products under IT agreement. The duties are further reduced by exemption notifications based on the usage of goods for specified purposes and for specified industries.
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