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Custom Duty
- Peak rate of Custom duty on textiles has been reduced from 20%
to 15%.
- Specific rate of duty remain unchanged.
- Custom duty on specified textile machinery, and raw materials
and parts for manufacture of such machinery, has been reduced from
20% to 10% i.e all textile machineries falling under chapter heading
84.44 to 84.52 except machinery specified in list 30, 31, 32, 45, 46
and 49 (machinery in list 49 have 15% BCD).
- 5% Custom duty for specified textile machinery in list
30,31,32,45 and 46 being continue.
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