In order to strengthen and speed up the campaign of self-reliant India, in this year's budget 2023 , an announcement can be made to increase custom duty on many types of imported goods. This step will help the government's Make in India campaign and will encourage domestic manufacturing.
To reduce imports and promote domestic manufacturing, the government is preparing to increase custom duty on 35 goods. These include items such as private jets, helicopters, high-end electronic items, plastic items, jewellery, high-gloss paper and vitamins. In the Union Budget 2023 , women's jewelery can be cheaper. At the same time, many things including mobile phones and electronic items can become expensive. Today we will tell you what items can be cheap or expensive.
Gems and jewelery can be cheap
The Ministry of Commerce and Industry has suggested reduction in import duty on gold and some other items for the gems and jewelery sector. This will help in increasing the export of jewelery and other finished products from the country. Last year in the budget, the government had increased the import duty on gold from 10.75 per cent to 15 per cent. The government had abolished custom duty in aviation, electronics, steel and industrial production sectors.
these items will be cheap
clothes
mobile phone charger
Frozen Muzzles
Frozen Squids
cocoa beans
methyl alcohol
Diamonds
camera lens for mobile
these items will be expensive
loudspeaker
headphones
earphones
Umbrella
artificial jewelry
solar cell
solar model
X-ray machine
electric toys
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