Import duty hiked on 19 items including ACs, fridges to curb current account deficit
New Delhi, Sep 26 : A range of imported products including air conditioners, household refrigerators, washing machines and radial car tyres will get costlier with the government on Wednesday hiking the basic customs duty in a bid to curb the import of non-essential items to check the burgeoning current account deficit.
A notification that will be effective from the midnight of Wednesday was issued by the Revenue Department hiking the import duty on 19 items whose total value of import in 2017-18 was about Rs 86,000 crore.
This follows a high-level meeting with Prime Minister Narendra Modi last week in the light of the falling value of the rupee and the pressure on foreign exchange outgo in which it was decided to take five measures to curb the widening current account deficit by cutting non essential imports.
The import duty on air conditioners, household refrigerators and washing machines less than 10 kg has been hiked from 10 to 20 per cent.
The duty on compressors for air conditioners and refrigerators has been upped from 7.5 to 10 per cent while speakers and radial car tyres will attract a 15 per cent duty as against 10 per cent at present.
Footwear will now attract 25 per cent duty, 5 per cent up from 20 per cent while non-industrial diamond (other than rough diamonds), that is cut and polished diamond will attract 7.5 per cent as against 5 per cent.
The duty on diamonds -- semi-processed, half-cut or broken -- large grown diamonds and cut and polished coloured gem stones will go up from 5 per cent to 7.5 per cent while on articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal, will go up from 15 per cent to 20 per cent.
Imported speakers will attract a higher duty of 15 per cent, up by 5 per cent, while articles of goldsmith or silversmith wares and parts thereof of precious metal or of metal clad with precious metal will go up from 15 per cent to 20 per cent.
Plastic bath, shower bath, sinks and wash basins, articles of plastics for conveyance and packing, tableware, kitchenware and other household items of plastics, and miscellaneous items of plastics such as office stationery and decorative sheets will attract 15 per cent duty as against 10 per cent at present.
Trunks, suitcases, executive cases, briefcases, travel bags and other bags will attract 15 per cent duty as against 10 per cent at present, and aviation turbine fuel will go up from 0 per cent to 5 per cent.
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Speaker Khader dismisses BJP's charges of 'delay' in swearing-in of Jeevaraj as MLA
Bengaluru (PTI): Karnataka Assembly Speaker U T Khader on Wednesday rejected opposition BJP's allegations of delaying the swearing-in of D N Jeevaraj as MLA, asserting that the process was being handled strictly in accordance with constitutional provisions and rules.
BJP candidate Jeevaraj, who had lost the 2023 Sringeri Assembly election to Congress leader T D Raje Gowda, was declared elected late Sunday night after reverification and recounting of postal ballots in compliance with a High Court order.
The recount reduced 255 votes from Gowda's tally, overturning his earlier victory margin of 201 votes and reversing the result.
The recount followed an election petition filed by Jeevaraj.
Addressing reporters, Khader maintained that there was no delay in administering the oath to Jeevaraj, who was declared elected from the Sringeri Assembly constituency after a High Court-ordered recount of postal ballots.
“Where have we delayed? The application was submitted at 11 am. If an application is given in the morning and by evening someone says it’s delayed — how is that a delay?” he said, dismissing the allegations.
The Speaker said the matter involved 'technical issues' that required examination before fixing a date for oath-taking.
“When such a matter comes, we also need to examine it and take a decision as per rules. If an application is given in the morning, at least 24 hours must be given,” he said.
Khader stressed that his role was bound by the Constitution and not influenced by political considerations.
“When an elected MLA asks for time, we must give it under the Constitution and law. Can we refuse? No, we have to give it,” he said, rejecting suggestions that he was acting under party pressure.
He also underlined the need for trust in democratic institutions amid the controversy.
“A democracy and parliamentary system must function on trust. Without that, how can democracy be strengthened? Trust is essential,” he said, cautioning against creating suspicion around constitutional positions.
On claims that the delay was linked to the ongoing political and legal dispute over the recount, Khader said the issue did not fall within his purview.
“My responsibility is to act as per the Constitution and rules. I will ensure that whatever is due to them is done as soon as possible,” the Speaker explained.
He said he had already communicated his position when contacted and would formally inform the concerned parties. “There is no delay, nor any intention to delay. I will discharge my duties as per the Constitution,” he said.
Khader also pointed to possible legal complications in hastily administering the oath.
“If I give the oath to one person and tomorrow the court declares someone else the winner, what happens then? Will it automatically cancel? Will confusion arise?” he asked, indicating the need for due diligence.
On concerns that Jeevaraj had lost over two years of tenure, the Speaker said representation was linked to that constituency rather than an individual.
“Whoever becomes the MLA represents the constituency. Benefits are not given to an individual,” he said, adding that issues of alleged irregularities should be examined by the Election Commission.
The remarks come after the Leader of Opposition BJP in the Karnataka Assembly, R Ashoka on Wednesday accused the Speaker of 'deliberately' delaying the oath and approached Governor Thaawarchand Gehlot seeking intervention, even suggesting that the Governor administer the oath if required.
Chief Minister Siddaramaiah termed the process 'Vote Dacoity' by Jeevaraj and said an FIR has been registered against the newly elected Sringeri MLA.
Defending the recount process, Jeevaraj denied allegations of tampering, while the High Court has stayed an FIR filed against him in connection with the postal ballot issue.
