Customs Act Amendments Raise Duty on Gold Articles, EVs, Bicycles; Lower Duty on TV Panels, EV Raw Materials. https://www.taxtmi.com/highlights?id=68020 AMENDMENTS TO THE CUSTOMS ACT, 1962 - Due to increase in Custom Duty these items will get costlier Compounded rubber, Articles made from gold bars, Electric Kitchen chimneys, Import of Electronic Vehicle, Imported bicycles and toys, Silver & Imitation Jewelry. whereas decrease in custom duty will make these items cheaper Open cell of TV Panels, Seeds of Lab-grown diamonds, Shrimp feed, Machinery for lithium ion batteries, Raw materials for EV industry & Certain inputs for mobile phone manufacturing. en-us Thu, 02 Feb 2023 10:21:45 +0530 Thu, 02 Feb 2023 17:34:17 +0530 TaxTMI RSS Generator Customs Act Amendments Raise Duty on Gold Articles, EVs, Bicycles; Lower Duty on TV Panels, EV Raw Materials. https://www.taxtmi.com/highlights?id=68020 AMENDMENTS TO THE CUSTOMS ACT, 1962 - Due to increase in Custom Duty these items will get costlier Compounded rubber, Articles made from gold bars, Electric Kitchen chimneys, Import of Electronic Vehicle, Imported bicycles and toys, Silver & Imitation Jewelry. whereas decrease in custom duty will make these items cheaper Open cell of TV Panels, Seeds of Lab-grown diamonds, Shrimp feed, Machinery for lithium ion batteries, Raw materials for EV industry & Certain inputs for mobile phone manufacturing. Highlights Income Tax Thu, 02 Feb 2023 10:21:45 +0530 https://www.taxtmi.com/highlights?id=68020