Review of Customs duty Exemptions

S.No

Description

Entry No

End date

1

Ships and vessel for breaking up

S. No. 555A

31.3.2035

2

Raw materials, components, consumables or parts, for use in the manufacture of ships/vessels

S. No. 559

31.3.2035

3

Bulk drugs for manufacture of drugs or medicines [A separate entry is being created for Drugs, medicines, diagnostic kits specified in List 3 with modifications in the list]

S. No. 166

31.3.2029

4

Bulk drugs used in the manufacture of polio vaccine and Monocomponent insulins

S. No. 166A

31.3.2029

5

Bulk drugs used in the manufacture of life saving drugs or medicines [A separate entry is being created for Drugs, medicines, diagnostic kits specified in List 4 with modifications in the list]

S. No. 167

31.3.2029

6

Drugs, Medicines or Food for Special Medical Purposes (FSMP) used for treatment of rare disease

S. No. 167A S. No. 607B

31.3.2029

7

Good specified in List 36 imported by testing agencies specified in List 37, for the purpose of testing and/or certification

S. No. 532A

31.3.2029

8

Crude Glycerin for use in manufacture of Epichlorohydrin

S. No. 81A

31.3.2027

9

Denatured ethyl alcohol for use in manufacture of industrial chemicals

S. No. 104B

31.3.2027

10

Fish meal for use in manufacture of aquatic feed S. No. 104C 31.3.2027

11

Goods for the manufacture of telecommunication grade optical fibres or optical fibre cables

S. No. 168, S. No. 341, S. No. 341A

31.3.2027

12

Textile machinery (with addition of two new machinery)

S. No. 460 S. No. 460A S. No. 460B S. No. 460C S. No. 460D

31.3.2027

13

Parts and components for use in manufacturing of textile machineries

S. No. 460E

31.3.2027

14

 Goods for use in the manufacture of Open cell of LCD and LED TV panel

S. No. 515B

31.3.2027

15

Seeds for use in manufacturing of rough Lab- Grown Diamonds [IGCR condition removed]

S. No. 345B

31.3.2026

16

Parts of wind operated electricity generators, for the manufacture or the maintenance of wind operated electricity generators [The entry has also been modified]

S. No. 405

31.3.2026

17

Permanent magnets for manufacture of PM synchronous generators above 500KW for use in wind operated electricity generators

S. No. 406

31.3.2026

S. No.

S. No. of 50/2017- Customs

Description

1.

489AA

Heat Coil for use in the manufacture of Electric Kitchen Chimneys falling under tariff item 84146000

S. No.

S. No. of 50/17-Cus

Brief Description

1.

257A

9 new groups of items such as sea shell, adhesive etc are being added to the list of duty free items for use in manufacture of handicrafts for export. The time period for export of the handicraft items is also being increased from 6 months to 1 year, further extended by another three months.

2.

539

BCD exemption is being extended to imports of ground installations for satellites and payloads and its spares and consumables of such installations.

3.

539A

BCD exemption is being provided on goods for use in the building of launch vehicles and launching of satellites

Notification No.

Brief Description

16/2017-customs dated 20.04.2017

The notification exempts specified drugs and medicines from the whole of the duty of customs leviable thereon subject to their being supplied free to cost to patients under Patient Assistance Programme (PAP) run by the pharmaceutical companies.

37 new drugs and 13 patient assistance programmes are being added to the list

153/94-customs dated 13.07.1994

Currently, articles of foreign origin can be imported into India for maintenance, repair and overhauling subject to their export within six months extendable to 1 year. The duration for export in the case of railway goods imported for such purpose has been increased from 6 months to 1 year further extendable by 1 year