https://www.taxtmi.com/news?id=12987 The budget restructures import and excise duties to promote domestic manufacturing and correct inverted duties by selectively reducing basic customs duty on inputs and finished goods while granting concessional rates for project machinery in solar and compressed biogas sectors; it raises duties on certain raw materials and exports, adjusts duty-free entitlements for garments, alters excise rates for specified machinery and tobacco-related products, and increases the Clean Energy Cess to finance environmental initiatives. en-us Thu, 10 Jul 2014 14:54:08 +0530 Thu, 10 Jul 2014 14:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12987 The budget restructures import and excise duties to promote domestic manufacturing and correct inverted duties by selectively reducing basic customs duty on inputs and finished goods while granting concessional rates for project machinery in solar and compressed biogas sectors; it raises duties on certain raw materials and exports, adjusts duty-free entitlements for garments, alters excise rates for specified machinery and tobacco-related products, and increases the Clean Energy Cess to finance environmental initiatives. News - Thu, 10 Jul 2014 14:54:08 +0530 https://www.taxtmi.com/news?id=12987