FinMin Issues Notification Superseding 31 Customs Exemption Notifications: Prescribes Customs Duty, IGST, Compensation Cess Rates For Goods Imported Into India

The Ministry of Finance has issued the notification superseding 31 customs exemption notifications and prescribes customs duty, IGST, compensation cess rates for goods covering 440 distinct commodities across major sectors imported into India.

The following notifications stand superseded by Notification No. 45/2025–Customs (except as respects things done or omitted before such supersession):

1. No. 1/2025–Customs (16 January 2025)
2. No. 57/2022–Customs (17 November 2022)
3. No. 32/2019–Customs (30 September 2019)
4. No. 19/2019–Customs (6 July 2019)
5. No. 86/2017–Customs (14 November 2017)
6. No. 50/2017–Customs (30 June 2017)
7. No. 41/2017–Customs (30 June 2017)
8. No. 37/2017–Customs (30 June 2017)
9. No. 36/2017–Customs (30 June 2017)
10. No. 32/2017–Customs (30 June 2017)
11. No. 30/2017–Customs (30 June 2017)
12. No. 29/2017–Customs (30 June 2017)
13. No. 16/2017–Customs (20 April 2017)
14. No. 5/2017–Customs (2 February 2017)
15. No. 130/2010–Customs (23 December 2010)
16. No. 81/2005–Customs (8 September 2005)
17. No. 121/2003–Customs (1 August 2003)
18. No. 25/1998–Customs (2 June 1998)
19. No. 51/1996–Customs (23 July 1996)
20. No. 50/1996–Customs (23 July 1996)
21. No. 39/1996–Customs (23 July 1996)
22. No. 154/1994–Customs (13 July 1994)
23. No. 152/1994–Customs (13 July 1994)
24. No. 148/1994–Customs (13 July 1994)
25. No. 147/1994–Customs (13 July 1994)
26. No. 146/1994–Customs (13 July 1994)
27. No. 104/1994–Customs (16 March 1994)
28. No. 207/1989–Customs (17 July 1989)
29. No. 326–Customs (23 December 1993)
30. No. 80–Customs (29 August 1970)
31. No. 3–Customs (8 January 1957)

The new rates span a broad range of items — from agriculture produce, seafood inputs and fertilisers to crude oil, precious metals, pharmaceuticals, optical fibre components and semiconductors. The revised rates are designed to simplify the customs exemption landscape, reduce ambiguities, and align India’s import tariff regime with domestic manufacturing priorities under the “Make in India” initiative.

31 notifications withdrawn: Including long-standing notifications dating back to 1957, 1970, 1994 and 2017.

440 commodities reclassified: Each assigned standard customs duty and IGST rates.

Rationalised rates: Zero duty for critical imports like fertiliser inputs, rare disease medicines, and renewable energy components; moderate rates (5–10%) for food and agro products; higher rates (up to 80%) for edible oils and refined products.

Sector beneficiaries: Aquaculture, pharma, semiconductors, solar energy, wind power, textiles, printing and defence components.

Commodity-wise Customs Duty Chart (Indicative Summary)

Agro & Fisheries: Duty reductions on shrimp feed, polychaete worms and fish meal aim to boost exports.

Energy: Nil duty on solar cells, wind turbine parts and renewable feedstock supports clean-energy targets.

Healthcare & Pharma: Complete exemption for rare-disease drugs and lifesaving medicines till March 2029.

Industrial Inputs: Lower rates on semiconductor equipment and optical fibre components to aid electronics manufacturing.

Precious Metals: Uniform 5% duty on gold and silver bars, 0.5% for rough gems and diamonds.

The notification comes into force immediately upon its publication in the Gazette of India (24 October 2025). Most exemptions carry validity clauses till 31 March 2026 or 31 March 2029 depending on the sector.

Notification Details

Notification No. 45/2025 –Customs

Date: 24/10/2025

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