https://www.taxtmi.com/news?id=23630 The Budget announces indirect tax reforms to incentivise domestic manufacturing and remove tariff distortions: further GST simplification via GSTN capacity upgrades and analytics to detect evasion, and a comprehensive customs duty rationalisation including review of legacy exemptions, time-limited future exemptions, sectoral tariff adjustments for electronics, steel, textiles, chemicals and renewable-energy inputs, a phased manufacturing plan for solar modules, and an Agriculture Infrastructure and Development Cess on select imports with offsetting excise changes to limit consumer burden. en-us Mon, 01 Feb 2021 13:42:10 +0530 Mon, 01 Feb 2021 13:42:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23630 The Budget announces indirect tax reforms to incentivise domestic manufacturing and remove tariff distortions: further GST simplification via GSTN capacity upgrades and analytics to detect evasion, and a comprehensive customs duty rationalisation including review of legacy exemptions, time-limited future exemptions, sectoral tariff adjustments for electronics, steel, textiles, chemicals and renewable-energy inputs, a phased manufacturing plan for solar modules, and an Agriculture Infrastructure and Development Cess on select imports with offsetting excise changes to limit consumer burden. News - Mon, 01 Feb 2021 13:42:10 +0530 https://www.taxtmi.com/news?id=23630