 "Budget 2022: Imported headphones, umbrella, solar cells to be costlier")
A large number of commonly used items, including headphones, earphones, loudspeakers, smart meters, imitation jewellery, solar cells and solar modules will become more expensive due to a hike in customs duties on imported parts, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2022-23.
However, imported cut and polished diamonds, frozen mussels, frozen squids, asafoetida, cocoa beans, methyl alcohol and acetic acid will become cheaper as a result of rationalisation in customs duties.
Following is a list of imported items that will become costlier:
-Umbrella -Imitation Jewellery -Single or multiple loudspeakers -Headphones and earphones -Smart meters -Solar cells -Solar modules -X-ray machines -Parts of electronic toys
However, certain goods will become cheaper as the government has slashed the customs duty and they are:-
-Frozen mussels
-Frozen squids -Asafoetida -Cocoa beans -Methyl alcohol -Acetic acid -Cut and polished diamonds
-Camera lens for cellular mobile phone.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)