What is Cheaper and Costlier after Budget 2024?

By : 5paisa, 24 July 2024

Items Getting Cheaper

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Basic customs duty on mobile phones and chargers will be reduced to 15%.

Mobile Phones

Customs duty will be cut to 6%.

Gold and Silver

Customs charges on platinum will be reduced to 6.5%.

Platinum

Three more cancer therapy medications will be free from customs taxes.

Cancer Medication

The basic customs tax on selected brood stocks, shrimp, and fish feed will be reduced to 5%.

Seafood

There will be no extension of customs duty on solar energy parts.

Solar Energy Parts

Basic customs charges on these goods will be eliminated.

Ferronickel and Blister Copper

Customs charges on leather and footwear production will be cut.

Footwear

Items Getting Costlier

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Customs duty will increase to 10%.

Ammonium Nitrate

The duty on certain plastics will rise to 25%.

Non-biodegradable Plastics

Basic customs tax will increase to 15% from 10%.

Telecom Equipment

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