The government of India has simplified basic customs duty rates by reducing the number of levies to eight. While the effective duty rates on most items remain unchanged, adjustments to the Agriculture ...
This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Duty (BCD) is levied on imported ...
The products that have seen effective reduction in duty rate are motorcycles where the duties will come down to 70% from 100% with no agri cess. Some chemicals and industrial inputs will also see ...