Budget 2018: Here's what's costlier, what's cheaper
Finance Minister Arun Jaitley’s Union Budget 2018 on Thursday revised excise and customs duties on a number of products, which will make them either cheaper or costly.
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Finance Minister Arun Jaitley’s Union Budget 2018 on Thursday revised excise and customs duties on a number of products, which will make them either cheaper or costly.
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.
Here is a list of what will become costly:
* 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.
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