Govt raises import duty on jet fuel, ACs, 17 other items

NEW DELHI: The Government on Wednesday hiked customs duties on as many as 19 items, including jet fuel, ACs and refrigerators, effective midnight as it aims to curb imports of non-essential goods.

Total import bill on account of shipment of these items into the country last fiscal was Rs 86,000 crore, the Finance Ministry said in a statement.

The other items include washing machines, speakers, radial car tyres, jewellery items, kitchen and tableware, certain plastic goods, and suitcases.

“The Central Government has taken tariff measures, by way of increase in the basic customs duty, to curb import of certain imported items. These changes aim at narrowing the current account deficit (CAD) … In all the customs duty has been increased on 19 items,” the Ministry said.

The import duty was doubled to 20 per cent on ACs, refrigerators and washing machines (less than 10kg). (AGENCIES)