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of <h1>Finance Bill 2022: Amendments to Customs Duties Explained, Impacting Basic, Health, and Infrastructure Cesses.</h1> The Finance Bill, 2022, outlines various customs duties, including the Basic Customs Duty, Agriculture Infrastructure and Development Cess, Road and Infrastructure Cess, Health Cess, and Social Welfare Surcharge. These duties are levied under different sections of the Finance Acts from 2018 to 2021. Amendments proposed in the Finance Bill, 2022, will become effective upon enactment unless specified otherwise. The memorandum provides a detailed explanation of these duties and their implications as part of the Budget for 2022-23.
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