Search
Import Duty Increased on 19 Items; ACs, Refrigerators to Become Expensive
October 16, 2018
The Union government has increased the import duty on 19 high-end items including jet fuel, diamonds, refrigerators, air conditioners (ACs), etc. to promote the inflow of foreign funds to India and stabilize the Indian currency. The new rates are effective from September 27 onwards.
As per the revised rates, the basic customs duty on ACs, washing machines (less than 10 kg category), and household refrigerators has been increased from 10% to 20%. The same goes for diamonds including non-industrial diamonds, lab-grown diamonds, and half-cut or broken diamonds, which has been increased from 5% to 7.5%.
Important Links:
- MBA from ARU, Anglia Ruskin University (UK): https://new.ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://new.ask.careers/courses/post-graduate-diploma-in-banking-finance/
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://new.ask.careers/courses/professional-diploma-in-banking-management/
- Ahmedabad: https://new.ask.careers/cities/ahmedabad/
- Mumbai: https://new.ask.careers/cities/mumbai/
- TSCFM: https://new.ask.careers/institutes/tscfm/
Courses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)