This notification exempts or provides concessional rate of Basic ...

New Import Tax Breaks for Critical Minerals to Boost Industry Growth.

July 23, 2024

Notifications     Customs

This notification exempts or provides concessional rate of Basic Customs Duty (BCD) and exempts Social Welfare Surcharge (SWS) on import of critical minerals like natural graphite, natural sands, quartz, strontium sulphate, copper, cobalt, tin, tungsten, molybdenum, zirconium, hafnium, vanadium, niobium, tantalum, antimony, tellurium, silicon, selenium, alkali metals, rare-earth metals, silicon dioxide, potassium hydroxide, oxides/hydroxides of strontium, barium, cobalt, lithium, vanadium, germanium, molybdenum, antimony, cadmium, nickel chlorides/sulphates, potassium nitrates, lithium/strontium carbonates, beryllium/rhenium salts, rare-earth compounds, bismuth citrate, artificial graphite, unwrought tin, tungsten, molybdenum, tantalum, cobalt, bismuth, zirconium, antimony, beryllium, hafnium, rhenium, cadmium, gallium, germanium, indium, niobium, vanadium. Concessional BCD rate of 2.5% applies for natural graphite, quartz, silicon dioxide, artificial graphite.

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