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of <h1>Union Budget 2024-25 Extends Customs Duty Exemptions on Key Sectors' Imports Until 2026 and 2029.</h1> The Union Budget 2024-25 extends the Basic Customs Duty (BCD) exemptions on various goods until March 31, 2026, with specific items listed under notification 50/2017-Customs. These include materials for agriculture, pharmaceuticals, electronics, renewable energy, and aerospace, among others. Additionally, some exemptions are extended until March 31, 2029, for items like medicines supplied by international organizations, life-saving drugs, and goods for ocean-going vessels. The exemptions aim to support sectors like healthcare, manufacturing, and renewable energy by reducing import costs on essential materials and components.
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