Honourable FM missed two paras , read them before Indirect tax portion of the Budget. Three rate of basic customs duty are kept for most of items.
Thrust was on simplification and rationalization of Taxes.
Curb on Money laundry and Corrupt practice.
Reduction in duty for promoting green economy.
2.5 % customs duty on specified agriculture machinery.
Reduce Customs duty on silk from 30 % to 5 %.
Customs duty on Technical fabric from 7.5% to 5%.
Reduction of duty on parts for mobile hand set.
Reduce Customs duty on coke and Gypsum to 2.5 %.
Thrust was on simplification and rationalization of Taxes.
Curb on Money laundry and Corrupt practice.
Reduction in duty for promoting green economy.
2.5 % customs duty on specified agriculture machinery.
Reduce Customs duty on silk from 30 % to 5 %.
Customs duty on Technical fabric from 7.5% to 5%.
Reduction of duty on parts for mobile hand set.
Reduce Customs duty on coke and Gypsum to 2.5 %.