Basic Custom Duty Exempted Items List Budget 2025

Basic Custom Duty Exempted Items List Budget 2025: The list of items fully exempted from basic customs duty is announced in the budget 2025. Among the things that are completely exempt from Basic Custom Duty (BCD) are 36 life-saving medications, wet blue leather, and lithium batteries. During her seventh consecutive Union Budget presentation on Saturday, February 1, Finance Minister Nirmala Sitharaman made the announcement.

Customs charges on Durvalumab, Osimertinib, and Trastuzumab Deruxtecan were previously reduced by the government from 10% to zero. doubling of basic customs duty on interactive flat panel display to 20%.

Basic Custom Duty Exempted Items List Budget 2025
Basic Custom Duty Exempted Items List Budget 2025

Basic Custom Duty Exempted Items List Budget 2025

Here is the list of items fully exempted from the Basic Custom Duty

  • 36 life-saving drugs are to be added to the list of medicines fully exempt
  • 35 additional capital goods for EV manufacturing
  • Wet blue leather
  • Lithium batteries scrap
  • Cobalt products
  • LED
  • Zinc
  • 12 critical minerals
  • 28 additional goods for mobile phone battery production
  • Inputs and components used for manufacturing of ships for another 10 years
  • Duty reduced from 30% to 5% on fish paste

Here’s a table summarizing the items fully exempted from Basic Custom Duty (BCD) as per Budget 2025:

Item Category Specific Items
Life-saving drugs 36 life-saving drugs for cancer and chronic diseases
Leather Wet blue leather
Batteries Lithium batteries, scrap, cobalt products
Minerals 12 critical minerals, zinc
Capital goods for EV 35 additional capital goods for EV battery manufacturing
Electronics LED, Zinc
Miscellaneous Fish paste (duty reduced from 30% to 5%), PVC flex films, bicycles, electronic toy parts, electricity meters
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