NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday raised the customs duty on bamboo used in making agarbatti to encourage use of domestic bamboo and to support growers.CBIC said in a notification that customs duty on bamboo import has been raised from 10% to 25% with immediate effect as part of the government’s efforts to encourage self-reliance.
The 25% customs duty will uniformly apply to any import of bamboo, including by traders, CBIC said in a tweet informing the tariff change notified on Tuesday.“Uniform rate will help in avoiding misuse and rate-related disputes.