(a) the details of import duty collected on capital goods and gold products during each of
the last three years and current year, item-wise;
(b) whether the Union Government has taken a decision to increase the import duty on capital
goods and gold products;
(c) if so, the details thereof; and
(d) if not, the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM)
(a): The details of import duty collected on capital goods and articles of gold jewellery
and goldsmiths’ wares during each of the last three years and current year are as under:
(Rs. crore) Year Import Duty Collection Capital Goods Articles of gold jewellery and goldsmiths’ wares 2009-10 29,210 3.44 2010-11 36,636 4.13 2011-12 44,435 5.90 2012-13 32,226 8.44 (up to 2.12.2012)(b), (c) and (d): Import duty on articles of gold jewellery and goldsmiths’ wares was increased on 17.01.2012 from Rs.750 per 10 gm to 5%. This was further increased to 10% in the Budget 2012-13. However, no such increase was made in the duty rate applicable for general machinery and appliances in the Budget 2012-13.
Capital goods referred to above include all items of machinery and mechanical/electrical appliances falling within Chapters 84 & 85 and Tariff Item 9801 of the Customs Tariff.