TV, mobile to be cheaper; Gold, cigarette, imported cars to be dearer
PTI, Feb 1, 2023, 2:22 PM IST
Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes.
Fully imported cars, including electric vehicles, and those assembled in India with imported parts will also become costlier with the finance minister increasing customs duty.
Following is a list of imported items that will become costlier:
*Cigarettes
*Kitchen chimney
*Imported bicycles and toys
*Fully imported cars and Electric Vehicles
*Imitation jewellery
*Compounded rubber
* Silver dores
*Naphtha
However, certain goods will become cheaper as the government has slashed the customs duty and these are:
* Domestically-manufactured TV sets
* Shrimp feed
* Fish lipid oil used in manufacturing aquatic feed
* Seeds for lab-grown diamonds
* Capital good
*Machinery for manufacturing lithium ion cell to be used in electric vehicles.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’
Kerala HC quashes FIR against Goa Guv over remarks on Sabarimala women entry
Smriti Irani embarks on four-nation tour to promote book on PM Modi
Karnataka Milk Federation enters Delhi-NCR, offers competitive pricing on Nandini products
Rahul, Congress tried since 2002 to target Modi’s image, PM’s credibility remains high: BJP
MUST WATCH
Latest Additions
Siddaramaiah says confident of winning all three bypolls in Karnataka
Hop on! IT Minister Priyank Kharge checks out Uber Shuttle at Bengaluru Tech Summit
Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’
Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial
AIMPLB to hold its annual general sessions in Bengaluru from November 23
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.