SC: Dismissal, Being the Severest Punishment, Should be Imposed Only For Grave Misconduct  ||  SC: Constructive Res Judicata Applies to Grounds Omitted Through Negligence or Inadvertence  ||  Madras High Court: Honour Killing is a Shameful Act and an Extreme Manifestation of Casteism  ||  Bombay High Court: Traditional Families Often Hesitate to Report Sexual Offences  ||  Jharkhand High Court Directs Circle Officers to Digitally Verify Land Records and Remove Mismatches  ||  MP High Court: Writ Court Cannot Grant Interim Relief Once Party is Relegated to Alternate Forum  ||  Supreme Court Issues Directions to Speed Up MACT Claims Amid Six-Year Average Pendency  ||  Supreme Court: Sex Selection Practices Continues Due to Preference For Male Children  ||  Supreme Court: Injury From a Fallen Tree is Not a Motor Accident for MACT Claims  ||  Madras HC: Recent Tamil Nadu Elections Reflect Voting Beyond Caste and Community Considerations    

#Union Budget 2022-2023:Overview of Changes in Custom Duties and Regime - (01 Feb 2022)

CUSTOMS

Union Budget proposes to apply a moderate customs tariff of 7.5%.Custom duty on cut and polished diamond reduced to 5%.Custom duty on imitation jewellery duty and critical chemicals reduced. Duty is being raised on Sodium Cyanide. Duty on umbrellas raised to 20% with exemption to parts of umbrellas being withdrawn. Steel scrap duty extended for another year. Anti-dumping on stainless steel are being revoked. Duty reduced on shrimp aquaculture.

Tags : UNION BUDGET   CUSTOM DUTIES  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved