These Items Will Now Be Costlier Or Cheaper Due To Custom Duty Changes
As the new financial year 2018-19 kicks in, some of the following items that are imported and fall under custom duties will see a change in price from April 1, 2018. This is due to the fact that several proposals concerning custom duties were made in the Budget 2018 announced on February 1 by the Finance Minister.
Imported items that will become cheaper
*Raw cashew nuts
* Solar-tempered glass
* Raw materials, parts or accessories used in making cochlear implants
* Select capital goods and electronics such as ball screws and linear motion guides
Imported items that will become expensive
* Mobile phones
* Silver
* Gold
* Vegetable, fruit juices, including orange and cranberry
* Sunglasses
* Miscellaneous food preparations other than soya protein
* 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
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