https://www.taxtmi.com/news?id=32492 The budget expands basic customs duty exemptions and concessional customs rates for a package of lifesaving medicines and their bulk drugs, including exemptions for medicines supplied free under patient assistance programmes, and adds further medicines and programmes. It also restructures tariffs for imported motorcycles by reducing duties across engine-capacity and import-form classifications, reduces duties on selected industrial inputs and goods, and raises duties on fully built interactive flat panel displays and certain knitted fabrics while an increased Agriculture Infrastructure and Development Cess offsets some cuts. en-us Sat, 01 Feb 2025 18:31:03 +0530 Sat, 01 Feb 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32492 The budget expands basic customs duty exemptions and concessional customs rates for a package of lifesaving medicines and their bulk drugs, including exemptions for medicines supplied free under patient assistance programmes, and adds further medicines and programmes. It also restructures tariffs for imported motorcycles by reducing duties across engine-capacity and import-form classifications, reduces duties on selected industrial inputs and goods, and raises duties on fully built interactive flat panel displays and certain knitted fabrics while an increased Agriculture Infrastructure and Development Cess offsets some cuts. News - Sat, 01 Feb 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=32492