To prevent classification disputes, BCD on Carrier Grade ethernet switches was reduced from 20% to 10%, bringing parity with Non-Carrier Grade switches.
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To promote exports and employment in the leather sector, BCD on Wet Blue leather was fully exempted and export duty on crust leather removed, benefiting small tanners.
Implemented vide Notifications No. 5/2025 & 3/2025 dated 01.02.2025.
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To boost India’s competitiveness in global seafood markets, BCD on Frozen Fish Paste (Surimi) was reduced from 30% to 5% for manufacture and export of analogue products. BCD on fish hydrolysate for fish and shrimp feed reduced from 15% to 5%.
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To facilitate handicraft exports, the time limit for export was extended from six months to one year, further extendable by three months if required. Nine additional items have also been added to the list of duty-free inputs.
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To promote domestic MROs, the extended export timelines already available for aircraft and ship repairs were extended to railway goods as well. This supports India’s repair ecosystem and export potential.
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Considering the long gestation period in shipbuilding, BCD exemption on raw materials, components and consumables for ship manufacture was extended for another 10 years. Similar relief provided for ship breaking. Implemented vide Notification No. 5/2025 dated 01.02.2025.
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To strengthen EV and mobile battery manufacturing, 35 additional capital goods for EV batteries and 28 for mobile phone batteries added to the BCD exemption list.
Implemented vide Notification No. 11/2025 dated 01.02.2025.
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To promote domestic manufacturing and correct inverted duty structure, BCD on Interactive Flat Panel Displays increased to 20%, while BCD on Open Cells and key components was reduced to 5%. (1/2)
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To further boost local manufacture of Open Cells for LCD/LED TVs, BCD on parts of Open Cells is fully exempted, building on earlier reductions. (2/2)
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To promote domestic production of technical textiles such as agro-textiles, medical textiles and geo-textiles, two additional types of shuttle-less looms have been added to the list of fully exempted textile machinery. BCD on specified knitted fabrics has also been revised to correct duty structure.
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To strengthen domestic manufacturing and secure supply of critical inputs, BCD has been fully exempted on cobalt powder and waste, scrap of lithium-ion batteries, lead, zinc and 12 other critical minerals. This builds on earlier exemptions and supports MSMEs, jobs and self-reliance.
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Under Patient Assistance Programmes, specified medicines supplied free of cost to patients are fully exempt from Basic Customs Duty. 37 more medicines and 13 new assistance programmes were added. (2/2)
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To provide relief to patients suffering from cancer, rare and chronic diseases, 36 lifesaving drugs were fully exempted from Basic Customs Duty and six added at concessional 5% duty. Bulk drugs for their manufacture also covered. (1/2)
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To simplify Customs duties, appropriate cess has been applied while broadly maintaining duty incidence. Social Welfare Surcharge has been exempted on 82 tariff lines where a cess applies. Implemented vide Notification No. 7/2025 dated 01.02.2025. (2/2)
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As part of Customs tariff rationalisation, the Government removed seven additional tariff rates, over and above the seven removed earlier, simplifying the duty structure for industrial goods. Implemented through the Finance Act, 2025. (1/2)
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👉 CBIC extends export incentives to postal shipments from 15th January 2026
👉 Incentives expected to significantly enhance competitiveness of MSME exporters, especially from smaller towns and remote areas, and give a major fillip to postal exports
Read more ➡️ https://t.co/MEzZ4Qv8r2