Lok Sabha Question No. 347 (STARRED), answered on 2018-08-10
Subject: Customs Duties on Imported Goods
Ministry: FINANCE
Asked by: KAMAL NATH, JYOTIRADITYA MADHAVRAO SCINDIA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

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## LOK SABHA

## STARRED QUESTION NO.*347

## TO BE ANSWERED ON FRIDAY THE 10 TH  AUGUST, 2018 SHRAVANA  19, 1940 (SAKA)

## CUSTOMS DUTIES ON IMPORTED GOODS

## *347. SHRI KAMAL NATH: SHRI JYOTIRADITYA M. SCINDIA:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Union Government has increased customs duties on several goods imported from the United States (US) including farm products and industrial goods;
- (b) if so, the details thereof;
- (c) whether the increase of customs duties on goods imported from US will have an adverse impact on the economy;
- (d) if so, the details thereof including the extent to which the common man is likely to be  affected  along  with  the  reaction  of  the  eminent  economists/experts  on  said increase of customs duties; and
- (e)  the  corrective  steps  taken/  proposed  to  be  taken  by  the  Government  in  this regard?

## ANSWER

## MINISTRY OF FINANCE (SHRI PIYUSH GOYAL)

- (a), (b), (c), (d) and (e): A statement is placed on the Table of the House.

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Statement to be laid by the Minister of Finance for the answer to Parts (a) to  (e)  of  starred  question  *347  of  Lok  Sabha  due  for  reply  on  the  10 th of August, 2018 regarding 'Customs Duties on Imported Goods'

- (a)  The  basic  customs  duties  is  proposed  to  be  increased  on  specified  29  category  of  goods imported from the United States (US) with effect from the 18 th September, 2018. The list of these goods is at Annexure I.

(b) USA has imposed a global tariff of 25% on all steel and a global tariff of 10% on Aluminium which came into effect from 23 rd March, 2018.  India had taken up the issue of exemption from tariffs levied on steel and aluminium with United States and in the absence of a response, India issued notifications on 20 th June, 2018 for imposing retaliatory tariffs on 29 products originating from the United States with effect from 4th August, 2018. However, as the discussions with USA are now ongoing therefore, it has been decided to extend the effective date of imposing the retaliatory tariffs to 18 th September, 2018.

(c) No major impact on Indian economy, foreseen at this stage due to the retaliatory tariffs on 29 products imported from U.S.

(d) and (e)  Does not arise in view of (c) above.

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## ANNEXURE-I

|   S. No. |   HS Code | Commodity                                                                                |   Additional Duty |
|----------|-----------|------------------------------------------------------------------------------------------|-------------------|
|        1 |   5119911 | artemia                                                                                  |                10 |
|        2 |   7132000 | chickpeas (garbanzos) dried and shelled                                                  |                10 |
|        3 |   7134000 | lentils (mosur),dried and shelled                                                        |                10 |
|        4 |   8021100 | almonds fresh or dried in shell                                                          |                20 |
|        5 |   8021200 | shelled almonds fresh or dried                                                           |                20 |
|        6 |   8023100 | walnuts fresh or dried in shell                                                          |                20 |
|        7 |   8081000 | apples fresh                                                                             |                25 |
|        8 |  28092010 | phosphoric acid                                                                          |                15 |
|        9 |  28100020 | boric acid                                                                               |                10 |
|       10 |  38220090 | others-diagnostic reagents                                                               |                10 |
|       11 |  38249990 | other-binders for foundry moulds                                                         |                10 |
|       12 |  72101210 | OTS/MR type-flat rolled products of thickness >600mm                                     |                15 |
|       13 |  72101290 | other plates, sheets, strips                                                             |                15 |
|       14 |  72191200 | hot-rolled products in coils of thickness>=4.75 mmbut<10mm                               |                15 |
|       15 |  72191300 | hot-rolled products in coils of thickness>= 3 mmbut< 4.75mm                              |                15 |
|       16 |  72192190 | Other nickel chrome austenitic type not elsewhere specified                              |                15 |
|       17 |  72199090 | other sheets and plates not elsewhere specified                                          |                15 |
|       18 |  72251100 | flat-rolled products of silicon electrical steel grain oriented                          |                15 |
|       19 |  73072900 | other fittings of stainless steel                                                        |                15 |
|       20 |  73079990 | non-galvanised tubes and pipe fittings of iron and steel                                 |                15 |
|       21 |  73089090 | other structure and parts of structures of iron and steel(excluding floating structures) |                15 |
|       22 |  73102990 | others-tanks and drums etc.                                                              |                15 |
|       23 |  73181500 | other screws and bolts win with nuts or washers threaded                                 |                15 |
|       24 |  73181600 | threaded nuts                                                                            |                15 |
|       25 |  73182990 | other non-threaded articles not elsewhere specified                                      |                15 |
|       26 |  73209090 | others of other springs of iron/steel                                                    |                15 |
|       27 |  73259999 | other cast articles of iron or steel not elsewhere specified                             |                15 |
|       28 |  73261990 | other forged or stamped articles of iron and steel but not further worked                |                15 |
|       29 |  73269099 | other articles of iron/steel not elsewhere specified                                     |                15 |