A large number of imported items including mobile handsets, cars and motorcycles, fruit juices, perfumes and footwear will become costlier as the Finance Minister Arun Jaitley today hiked customs duties on these products in the Union Budget 2018-19.
However, select items such as imported raw cashew nuts, solar tempered glass and raw materials and accessories of cochlear implants will become cheaper with the government today reducing import duties on these items.
The following is a list of imported items that will
become costlier:
* Cars and motorcycles
* Mobile phones
* Silver
* Gold
* Vegetable, fruit juices, including orange and cranberry
* Sunglasses
* Miscellaneous food preparations other than soya protein
* Perfumes and toilet waters
* Sunscreen, suntan, manicure, pedicure preparations
* Preparations for oral dental hygiene, denture fixative
pastes and powders; dental floss
* Pre-shave, shaving or after-shave preparations,
* Deodorants, bath preparations, depilatories, perfumery
* Scent sprays and similar toilet sprays
* Truck and Bus radial tyres
* Silk Fabrics
* Footwear
* Coloured gemstones
* Diamonds
* Imitation jewellery
* Smart watches/wearable devices
* LCD/ LED TV panels
* Furniture
* Mattresses
* Lamps
* Wrist watches, pocket watches, clocks
* Tricycles, scooters, pedal cars, wheeled toys, dolls
carriages, dolls, toys, puzzles of all kinds
* Video game consoles
* Articles and equipment for sports or outdoor games,
swimming pools and paddling pools
* Cigarette and other lighters, candles
* Kites
* edible/vegetable oils such as olive oil, groundnut oil
The following is the list of imported items that will
become cheaper:
* Raw cashew nuts
* Solar tempered glass or solar tempered glass used for
manufacture solar panels/modules
* Raw materials, parts or accessories used in making
cochlear implants
* Select capital goods and electronics such as ball
screws and linear motion guides.
Disclaimer: No Business Standard Journalist was involved in creation of this content
