Finance Minister Nirmala Sitharaman presented the Union Budget on Monday. Customs duty has been increased on several items ranging from cotton to electronics while a new agri cess has been imposed on some imported goods.
Here’s is a list of what gets costlier in FY 2021-22:
- Mobile phone parts like PCBA
- Compressors for refrigerators and air conditioners
- Camera module Connectors
- LED lamps, parts and spares such as printed circuit board
- Raw silk and cotton,
- Solar invertors and lanterns
- Automobile parts such as safety and toughened glasses
- Windscreen wipers
- Signalling equipment
- Back cover, side keys, Mobile phone charger components
- Inputs or raw materials of Lithium-ion battery
- Ink cartridges and ink spray nozzle
- Finished leather products
- Nylon Fibre and Yarn, Plastic builder wares
- Cut and polished synthetic stones, including cut and polished cubic zirconia
Cheaper:
- -Gold
- -Silver
- -Other precious metals like platinum and palladium
- -Medical devices imported by international organisation and diplomatic missions
With Inputs From IndiaToday
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