Customs duty hike on dozens of items probably in the upcoming Union Budget 2023-24

NEW DELHI: Budget 2023: The Government has zeroed in on dozens of products across sectors — including aviation, electronics, steel and industry — for possible customs duty hike in the Budget for FY24 to curb “non-essential imports” and improve local production, official sources told. Products such as private jets and helicopters, select consumer electronics products, plastics, certain iron & steel products, jewellery and leather couldwitnesshigherduties.

At t he s am e ti me , th e Government is also weighing proposals for duty cuts in some cases, especially to ensure smooth imports of raw materials The Commerce Ministry has suggested that the import duty on gold and certain other products in the gems and jewellery sector be trimmed to boost exports offinished products.

In t he l as t Bu dg et , th e Government had raised the import duty on gold to 15% from 10.75%. The “rationalisation” of import duties is also being contemplated to correct the inverted duty structure where raw materials are taxed at a higher rate than thefinished goods.

The proposed duty changes are based on the suggestions of various Administrative Departments to the Finance Ministry.

CJ-I MV Neptune J DBC 27/01

CJ-II VACANT

CJ-III MV Beteigeuze JMBaxi 30/01

CJ-IV MV Panoria Arnav Shpg. 03/02

CJ-V VACANT

CJ-VI VACANT

CJ-VII VACANT

CJ-VIII VACANT

CJ-IX VACANT

CJ-X MV Bhaskar Inayat Cargo 26/01

CJ-XI VACANT

CJ-XII MV Thorswind United Liner 26/01

CJ-XIII MV Santiago Basin Synergy Seaport 27/01

CJ-XIV MV Yara J DBC 27/01

CJ-XV VACANT

CJ-XVA MV Tan Binh 134 Jeel Kandla 26/01

CJ-XVI MV Nordseine Cross 28/01

Tuna

OJ-I

OJ-II MT Vortex Pioneer

OJ-III MT PVT Estella Seaport 26/01

OJ-IV MT Kestrel

OJ-V MT Stolt Magnesium JMBaxi 26/01

OJ-VI MT Liana MK Shpg. 26/01

OJ-VII MT Wanxing

CJ-III MV Beteigeuze JMBaxi Indonesia 62,900 T. Sugar In Bulk 2023011234

Stream MV Blue Alexander BS Shpg. 31,000 T. Rice In Bags

Stream MV Clipper Palma ACT Infraport Africa 25,900/350/5,500 T.Rice In Bags 2023011022

Stream MV Esperia Upasana Shpg. 54,700 T. Maize In Bulk

Stream MT Fairchem Loyalty Samudra Jebel Ali 20,000 T. Caustic Soda

CJ-I MV Neptune J DBC Sudan 23,000 T. Sugar Bags 2022121048

CJ-XVI MV Nordseine Cross Trade Cross Trade 36,250 T. Salt

CJ-IV MV Panoria Arnav Shpg. Abidjahan 35,500/ 14,000 T.Rice Bags/Bulk 2022121287

Stream MV Spirit Jeel Kandla Italy 28,500 T. Ball Clay

CJ-XVI MV SV Aurora Tristar Logistics Brazil 18 Nos.Windmill Blade 2023011179

CJ-XVA MV Tan Binh 134 Jeel Kandla Chennai 23,000 T. Silica Sand

Stream MV U Thar Chowgule Bros. Vietnam 14,100 T. SBM 2023011175

Stream MV Victorious Ocean Harmony 25,000 T. Rice In Bags 2023011242

25/01 MV Xing Xi Hai Allied Shpg. South Korea 53,280 T. RSM In Bulk

CJ-XIV MV Yara J DBC Port Sudan 33,000 T. Sugar Bags (50 Kgs) 2022121415

Coal 2023011235 25/01 MV Norse Savannah DBC Australia 37,816 T. Jas Pine Logs 01/02 MV Ocean Tianchen Tauras 10,915 T. MOP 2023011175 CJ-XIII MV Santiago Basin Synergy Seaport Suriname 11,831 CBM T. Logs 2023011268 27/01 MV Virgo Stellar Dariya Shpg. 55,200 T. Coal in Bulk

Liquid

OJ-I LPG/C Berlian Ekuator Nationwide UAE 20,000 T. Propane/Butane 2023011149

Stream MT Damsgaard JMBaxi Malaysia 19,000 T. Palm Oil 25/01 MT Essie C Interocean 30,000 T. CDSBO 27/01 MT Eurochampion Interocean 23,000 T. CDSBO

Stream MT Fairchem Brutto Shantilal Rabick 23,160 T. CDSBO 2023011177 25/01 MT Geum Gang Wilhelmsen South Korea 4,751 T. Chem. Stream MT Gulf Mishref JMBaxi Indonesia 12,500 T. CDSBO 2023011185 OJ-VI MT Liana MK Shpg. 12,000 T. FO Stream MT MTM Yangon Seaport Brazil 28,000 T. CDSBO 2023011148

Stream MT Myri Joy JMBaxi Houston 18,742 T. Methanol 2023011132 OJ-III MT PVT Estella Seaport Indonesia 4,500 T. Palm Prod. 2023011245 29/01 MT Stena Impeccable Interocean 15,000 T. CDSBO

Stream MT Stolt Vision JMBaxi Dakar 4,925 T. Chem.

OJ-V MT Stolt Magnesium JMBaxi Dakar 26,326 T. Phos Acid

Stream MT Songa Topaz Samudra Indonesia 16,000 T. CPO

Stream MT Verige Interocean Arjentina 15,000 T. CDSBO 2023011163

MV Thorswind United Liner I/E 500 TEUs.

For West Asia Gulf Ports

TO LOAD FOR FAR EAST, JAPAN, CHINESE PORTS & AUSTRALIAN PORTS

To Load For Indian Sub Continent

To Load For West Asia Gulf Port

In Port Interasia Engage 3E 230301 MSC MSC Agency Vietnam (RWA-1) 26/01 28/01 27/01-PM MSC Tokyo 303A 230275 MSC MSC Agency (I) Salalah (INDUS) 29/01 28/01 28/01-PM MSC Houston 303A 230266 MSC MSC Agency (I) King Abdullah , Alexandria El Dekheila, Tehirdag, Canakkale, 29/01 Aliga , Mersin (EMED) 30/01 30/01-AM MSC Radiant III 304R 230344 MSC MSC Agency Salalah, King Abdulla (EAF) 31/01 30/01 30/01-AM GSL Ningbo 304A 230382 MSC SC Agency (I) King Abdullah & Salallah (EUROPE) 31/01

TBA Messina Transworld Group Istanbul,Jeddah, Durban, Moputo, Dar-Es-Salaam, Mombasa (INDME)

TBA Safeen Feeders Samsara Shpg. Khalifa, Jebel Ali, Bahrain, Dammam,

27/01 27/01-AM

Magnitude 304W 23031 (MECL) 03/02

27/01 03/02 03/02-AM

LOAD FOR FAR EAST,

AUSTRALIA,

ZEALAND

PACIFIC ISLANDS 25/01 25/01-AM OOCL New York 091E 23021

DBC & Sons/OOCL(I) Port Kelang, Singapore, Hong Kong, Xingang, Dalian, Qingdao, 25/01 01/02 01/02-AM OOCL Hamburg 140E 23023 Gold Star Star Shipping Busan (Ex. Pusan), San Pedro, Kwangyang, Chiwan. (CIXA) 01/02 25/01 25/01-AM George Washington Bridge 018WE 23014 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 25/01 30/01 30/01-AM Clemens Schulte 019WE 23020 ONE ONE (India) (TIP) 30/01 26/01 26/01-AM Seamax Westport 084 23017 COSCO COSCO Shpg. Singapor, Cai Mep,Hongkong,Shanghai,Ningbo,Schekou,Nansha (CI1) 26/01 29/01 29/01-AM One Arcadia 063E 23015 ONE ONE (India) West Port Kelang, Singapore, Leam Chabang, Busan, Sanshan, 29/01 04/02 04/02-AM One Continuity 062E 23024 Ningbo, Sekou, Cai Mep. (PS3) 04/02 29/01 29/01-AM Sofia 1 304E 23013 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 29/01 05/02 05/02-AM Northern Diamond 302W 23030 Ningbo, Tanjung Pelepas. (FM3) 05/02

TO LOAD FOR WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS

27/01 27/01-AM AS Alexandria 0303E 23022

Maersk India/GFS Jabel Ali, Dammam, Mundra (SHAEX) 27/01 27/01 27/01-AM Maersk Columbus 303W 23011 Maersk Line Maersk India Salalah, Jebel Ali, Port Qasim. 27/01 03/02 03/02-AM Northern Magnitude 304W 23031 (MECL) 03/02 TBA X-Press Feeders Merchant Shpg. Jebel Ali, Sohar (NMG)

TO LOAD FOR INDIAN SUB CONTINENT PORTS & COASTAL SERVICE

25/01 25/01-AM OOCL New York 091E 23021 OOCL/APL OOCL(I)/DBC Sons Colombo. (CIXA) 25/01 25/01 25/01-AM George Washington Bridge 018WE 23014 X-Press Feeders Merchant Shpg. Karachi, Muhammad Bin Qasim. 25/01 30/01 30/01-AM Clemens Schulte 019WE 23020 ONE ONE (India) (TIP) 30/01 26/01 26/01-AM Seamax Westport 084 23017 COSCO COSCO Shpg. Karachi, Colombo (CI1) 26/01 27/01 27/01-AM SSL Bharat 124 23026 SLS SLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 27/01 27/01 27/01-AM SCI Chennai 2302 23033 SCI J. M Baxi Mundra, Cochin, Tuticorin (SMILE) 27/01 29/01 29/01-AM Sofia 1 304E 23013 SCI J. M Baxi Colombo. (FM3) 29/01 29/01 29/01-AM EM Astoria 304S 23012 Maersk Line Maersk India Colombo, Bin Qasim, Karachi (JADE) 29/01 TBA SLS SLS Coastal-for MED, Europe, South Central America, US, Gulf & Africas.(WCC)

TO LOAD FOR US & CANADA WEST COAST

25/01 25/01-AM George Washington Bridge 018WE 23014 X-Press Feeders Merchant Shpg Seattle, Vancouver, Long Beach, Los Angeles, New York, 25/01 30/01 30/01-AM Clemens Schulte 019WE 23020 ONE ONE (India) Norforlk, Charleston, Halifax. (TIP) 30/01 27/01 27/01-AM Maersk Columbus 303W 23011 Maersk Line Maersk Line India Newark, North Charleston, Savannah, Huston, Norfolk. 27/01 03/02 03/02-AM Northern Magnitude 304W 23031 Safmarine Maersk Line India (MECL) 03/02 29/01 29/01-AM One Arcadia 063E 23015 m.v. “MSC SHAULA” Voy : IW303A

I.G.M. NO. 2333378 Dtd. 23-01-2023 Exch Rate 84.83

The above vessel is arriving on 26-01-2023 at MUNDRA PORT with Import cargo to MUNDRA from JEBEL ALI, COTONOU, LIBREVILLE, NOUAKCHOTT, LOME. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

Mundra

Item No. B/L No. Item No. B/L No. Item No. B/L No. 1 MEDUCT075909 10 MEDUDV046351 11 MEDUDV049108 12 MEDUDV048399 13 ACLBVMUN0661 14 ACLBVMUN0662 15 MEDULJ060523 16 MEDULJ061653

Item No. B/L No. Item No. B/L No. 17 MEDULJ059616 18 MEDULJ061638 19 MEDULJ061968 2 MEDUCT075586 20 MEDULJ059558 21 MEDULJ061604 22 MEDULJ061042 23 MEDULJ061422

24 MEDULJ061513 25 MEDULJ061729 26 MEDULJ061588 27 MEDULJ061307 28 MEDULJ061232 29 MEDULJ061430 3 MEDUDV045718 30 MEDULJ061695

31 MEDULJ062511 32 MEDULJ061570 33 MEDULJ060705 34 MEDULJ061398 35 MEDULJ061414 36 MEDULJ061687 37 MEDULJ060929 38 MEDULJ061448

39 MEDULO159379 4 MEDUDV045965 40 MEDUNU008383 5 MEDUDV045973 6 MEDUDV045999 7 MEDUDV046237 8 MEDUDV048985 9 MEDUDV046450

Consignees are requested to kindly note that the above item Nos. are for the B/L Nos.arrived for Mundra Delivery Separate IGM will be lodged with Kandla Customs for CFS - Gandhidham. Consignees are requested to collect Delivery Order for all imports delivered at Mundra from our Import Documentation Deptt. at Siddhi Vinayak Complex, 2nd Floor, Off. No.201-208, Opp. Reliance Petrol Pump, Nr. Rotary Circle, on Presentation of duly discharged Original Bills of Lading and payment of relevant charges. The container detention charges will be applicable after 5 days from the GLD for containers meant for delivery at Mundra. The containers meant for movement by ROAD to inland destinations will be despatched upon receipt of required documents from consignees/receivers and the consignees will be liable for paymeant of port storage charges in case of delay in submission of these Documents. Our Surveyors are M/s. Master Marine Services Pvt. Ltd. and usual survey conditions will apply.Consignees are also requested to note that the carriers and their agents are not bound to send individual notification regarding the arrival of the vessel or the cargo.

- Charges enquiry on land line - 619100

- IGM No./Item No./Destuffing point enquiries can also be done at our computerized helpline No.(079) 40072804

As Agents :