Review of Customs duty Exemptions - Review of conditional exemption rates of BCD Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024 - Finance Bill

Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024 (i) The BCD exemption for the goods covered under following serial numbers of the notification are being extended upto 31st March, 2026 unless specified otherwise. S. No. S N of 50/17-Cus Brief Description 1. 17 Specified Planting materials, namely, oilseeds, seeds of vegetables, tubers, etc. 2. 80A Algal oil for manufacturing of aquatic feed 3. 90 Lactose for use in manufacture of homeopathic medicines 4. 104 Specified goods used in processing of sea-food 5. 133 Gold ores and concentrates 6. 139 Bunker Fuels namely: (i). IFO 180 CST; (ii). IFO 380 CST; (iii). VLSFO (CTH 27) 7. 150 Naphtha for manufacture of Fertilisers (scope of exemption is being reduced only to Naphtha) 8. 155 Liquefied petroleum gases (LPG) received from unit in SEZ and returned by the DTA unit to the SEZ unit 9. 164 Electrical energy supplied from SEZ unit to DTA 10. 165 Electrical energy supplied from SEZ to DTA 11. 172 Specified goods used in manufacture of silicon wafers or solar wafers, for manufacture of solar cell or module 12. 183 Medical use fission Molybdenum-99 (Mo-99) for use in manufacture of radio pharmaceuticals 13. 184 Pharmaceutical Reference Standard 14. 188 Goods for manufacture of ELISA Kits 15. 191 Maltol for manufacture of deferiprone 16. 204 Anthraquinone or 2-Ethyl Anthraquinone for use in manufacture of Hydrogen peroxide 17. 237 Specified material for manufacture of EVA (Ethylene Vinyl Acetate) sheets or backsheet, which are used in the manufacture of solar photovoltaic cells or modules (Scope of materials which can be imported is being increased) 18. 253 Specified Goods for manufacture of Brushless Direct Current (BLDC) motors 19. 257 Tags, labels, stickers, belts, buttons, hangers or printed bags, imported by bonafide exporters 20. 257A Specified goods used in manufacture of handicraft items for export when imported by bonafide exporter 21. 257B Specified goods used in manufacture of textile or leather garments for export when imported by bonafide exporter 22. 257C Specified goods used in manufacture of leather or synthetic footwear or other leather products for export when imported by bonafide exporter 23. 258 Security fibre, threads, Paper based Taggant, M-feature for use in manufacture of security paper by Security Paper Mill, Hoshangabad and Bank Note Paper Mill India Pvt Ltd, Mysore. 24. 259 Raw materials for manufacture of security fibre and security thread for supply to Security Paper Mill, Hoshangabad and Bank Note Paper Mill India Pvt. Ltd, Mysore for use in manufacture of security paper 25. 260 Goods for the manufacture of specified orthopedic implants (902110) 26. 261 Raw material for manufacture of Copper-T Contraceptive (i) Alatheon (ii) Copper Wire 27. 265 Capacitor grades polypropylene granules for manufacture of Capacitor grade plastic 28. 269 Super absorbent polymer for manufacture of adult diapers and specified goods 29. 271 Polytetrametylene ether glycol, (PT MEG) for use in manufacture of spandex yarn 30. 276 Ethylene- propylene- non-conjugated diene rubber (EPDM) for manufacture of insulated wire and cables 31. 279 New or retreated Pneumatic tyres of rubber for use in servicing, repair of maintenance of aircrafts used for operating scheduled air transport service or scheduled air cargo service etc 32. 280 New or retreated Pneumatic tyres of rubber for use in servicing, repair or maintenance of aircraft imported or procured by Aero Club of India/ for flying training purpose/ operating non-scheduled (passenger or charter) services/ AAI for flight calibration purpose 33. 290 Wood pulp for manufacture of newsprint, paper or paperboard 34. 292 Goods imported for manufacture of paper, paper boards, newsprint 35. 293A Newsprint and uncoated paper imported for printing of newsprint 36. 296A Lightweight coated paper imported by actual users for printing of magazines 37. 326 Hydrophilic /Hydrophobic Non- Woven, imported for use in the manufacture of Adult Diapers 38. 329 Pile fabrics for the manufacture of toys 39. 333 Moulds, tools and dies, for the manufacture of parts of electronic components or electronic equipment 40. 334 (i) Graphite Felt or Graphite pack for growing silicon ingots (ii) Thin Steel wire used in wire saw for slicing of silicon wafers 41. 345A Simply Sawn Diamonds 42. 364A Spent catalyst or ash containing precious metals 43. 368 Ferrous Scrap 44. 374 Magnesium Oxide (MgO) coated cold rolled steel coils for use in manufacture of cold rolled grain oriented (CRGO) steel 45. 375 Specified items for manufacture of cold rolled grain-oriented steel (CRGO) steel 46. 378 Metal parts for manufacture of electrical insulators falling under heading 8546 47. 379 Pipes and tubes for use in manufacture of boilers 48. 380 Forged steel rings for manufacture of special bearings for use in wind operated electricity generators 49. 381 Flat copper wire for use in the manufacture of photo voltaic ribbon for manufacture of solar photovoltaic cell or modules 50. 392 Dies for drawing metal, where imported after repairs from abroad 51. 403 Parts and raw materials for offshore oil exploration 52. 404 Specified items including capital goods and raw materials for off shore oil exploration 53. 415 Parts for manufacture of catalytic convertors 54. 415A Platinum or Palladium for manufacture of Noble Metal Compounds Noble Metal Solutions 55. 416 Ceria zirconia compounds for use in the manufacture of washcoat for catalytic converters 56. 417 Cerium compounds for use in the manufacture of washcoat for catalytic converters 57. 418 Zeolite for use in the manufacture of washcoat for catalytic converters 58. 422 Machinery, electrical equipment for use in semiconductor wafer and LCD 59. 423 Machinery, electrical equipment for use in marking and packaging of semiconductor chips 60. 426 Specified goods for the manufacture of semiconductor devices, memory card, IC, solar cell 61. 435 Capital goods for printing industry 62. 442 Bushings made of Platinum and Rhodium alloy when imported in exchange of worn out or damaged bushings exported out of India 63. 446 Parts and components for manufacture of tunnel boring machines 64. 451 Evacuated tubes with three layers of solar selective coating for use in manufacture of solar water heater 65. 462 Ball screws for use in the manufacture of CNC Lathes 66. 463 Linear Motion Guides for use in the manufacture of CNC Lathes 67. 464 CNC Systems for use in the manufacture of CNC Lathes 68. 464A Goods for manufacture of plastic processing machineries 69. 467 Parts and components of cash dispenser or automatic bank note dispenser 70. 468 Parts for manufacture of Micro ATM, Fingerprint reader/scanner, Iris scanner, Miniaturised POS (Scope of exemption is being limited to import of raw materials only) 71. 471 All parts for use in the manufacture of LED lights 72. 472 All inputs for use in the manufacture of LED driver or MCPCB for LED lights 73. 476 Television equipment, cameras etc for taking films, imported by a foreign film unit or television team 74. 477 Filming equipment of foreign origin if imported into India after having been exported therefrom. 75. 480 Goods imported for being tested in specified test centers 76. 489B Goods for manufacturing of Microphones 77. 504 Parts and Components of Digital Still Image Video Cameras 78. 509 Parts, components and accessories for manufacture of Digital Video Recorder 79. 510 Parts, components and accessories for use in manufacture of reception apparatus for television 80. 511 Parts, components and accessories for manufacture of CCTV Camera 81. 512 Specified Parts, components and for use in manufacture of Lithium-ion battery and battery pack 82. 512A Inputs, parts or sub-parts for use in the manufacturing of Printed Circuit Board Assembly 83. 515A Open Cell for manufacture of TV Panel 84. 516 The following goods for use in the manufacture of Liquid Crystal Display (LCD) /LED TV Panel 85. 517 Magnetrons for manufacture of domestic microwave ovens 86. 519 Raw materials or parts for use in manufacture of e-Readers 87. 523A Parts, sub-parts, inputs or raw material for use in manufacture of Lithium-ion cells 88. 527 Lithium-ion cell use in manufacture of battery or battery pack 89. 527A Lithium-Ion Cell for use in manufacture of battery or battery pack of cellular mobile 90. 527B Lithium-Ion Cell manufacture of battery or battery pack of EV 91. 534 Parts of gliders or simulators of aircrafts (excluding rubber tyres and tubes of gliders) 92. 535 Raw materials for manufacture of aircraft and parts of aircraft 93. 535A Parts of aircraft for manufacture of aircraft or for manufacture of parts of aircraft by PSU under Min of Defence 94. 536 Parts, testing equipment, tools and tool-kits for maintenance, repair, and overhauling of aircraft, components or parts of aircrafts 95. 537 All goods of Heading 8802 (except 88026000-spacecraft) 96. 538 Components or parts, including engines, of aircraft of heading 8802 97. 539 (a) Satellites and payloads; (b) Ground equipment brought for testing of (a) 98. 539A Scientific and technical instruments etc for launch vehicles and satellites 99. 540 Specified goods imported by scheduled air transporter 100. 542 Specified goods imported by Aero Club, Flying Training Institutes 101. 543 Specified goods imported by non-scheduled air transporter 102. 544 Parts (other than rubber tubes), of aircraft of heading 8802 103. 546 Parts (other than rubber tubes), of aircraft of heading 8802 104. 548 Barges or pontoons imported along with ships 105. 551 Cruise ships, Excursion ships 106. 553 Fishing vessels, Tugs and Pusher crafts, light vessels excluding vessels and floating structure imported for break up 107. 555 Vessels like warships, lifeboats excluding vessels and floating structure imported for break up 108. 567 Stainless steel tube and wire, for manufacture of Coronary stents /artificial valve 109. 569 Parts required for manufacture of Ostomy products 110. 570 Medical and surgical instruments, apparatus and appliances including spare parts and accessories thereof 111. 575 Specified Hospital Equipment for use in specified hospitals 112. 578A Raw materials, for the manufacture of Cochlear Implants 113. 580 X-Ray Baggage Inspection Systems and parts thereof 114. 581 Portable X-ray machine / system 115. 583 Parts and cases of braille watches, for the manufacture of Braille watches 116. 591 Parts of electronic toys 117. 593 Parts of video games for the manufacture of video games Note: Description of entries is indicative. Notification may be referred to for complete description . (ii) The BCD exemption for the goods covered under following serial numbers of the notification no 50/2017-Customs is being extended upto 31st March 2029. S. No. S. No. of 50/2017Cus Brief Description 1. 212A Medicines/drugs/vaccines supplied free by United Nations International Children's Emergency Fund (UNICEF), Red Cross etc 2. 213 Drugs and materials 3. 428 Specified goods imported by accredited press cameraman 4. 429 Specified goods, imported by accredited journalist 5. 549 Capital goods, raw materials and spares for repairs of ocean-going vessels 6. 550 Spare parts and consumables for repairs of ocean going vessels registered in India. 7. 577 Lifesaving medical equipment for personal use 8. 607 Life Saving drugs like Keytruda etc 9. 607A Lifesaving drugs/medicines for personal use 10. 611 Archaeological artefacts for exhibition in a museum 11. 612 Specified raw material for sports goods Note: Description of entries is indicative. Notification may be referred to for complete description. Full Text : Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024