https://www.taxtmi.com/news?id=32349 The Budget enacts cuts in customs duty for imported life saving drugs and medicines for cancer, rare and chronic diseases, and for multiple categories of imported vehicles and motorcycles (CBU, SKD, CKD), along with selected inputs such as parts of electronic toys, synthetic flavouring essences and jewellery. Simultaneously, it raises basic customs duties on specified imports, including fully built interactive flat panel displays, certain knitted fabrics, smart meters, solar cells, imported footwear, candles, yachts and PVC flex products, thereby shifting import cost burdens across these sectors. en-us Sat, 01 Feb 2025 14:16:03 +0530 Sat, 01 Feb 2025 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32349 The Budget enacts cuts in customs duty for imported life saving drugs and medicines for cancer, rare and chronic diseases, and for multiple categories of imported vehicles and motorcycles (CBU, SKD, CKD), along with selected inputs such as parts of electronic toys, synthetic flavouring essences and jewellery. Simultaneously, it raises basic customs duties on specified imports, including fully built interactive flat panel displays, certain knitted fabrics, smart meters, solar cells, imported footwear, candles, yachts and PVC flex products, thereby shifting import cost burdens across these sectors. News - Sat, 01 Feb 2025 14:16:03 +0530 https://www.taxtmi.com/news?id=32349