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A. No change in peak rate. It remains at rate of 10%. B. Change in duty rates with immediate effect (from 11-7-2014) of major items are as follows: Sr. No. Chapter heading Description of goods Rate of BCD Till 10-7-2014 From 11-7-2014 1 29011000 Ethane and other goods 5.00% 2.50% 2 29012100 Ethylene … Read more
There are changes in Custom Baggage Rule 1998 in Union budget 2014-2015. a. The limit on duty free import as baggage has been enhanced with effect from 11/07/2014 as follows: 1. Articles up to Rs.45, 000 other than personal effects can be imported by a passenger of and above 10 years provided such passenger has … Read more