A large number of imported items including mobile handsets, cars and motorcycles, fruit juices, perfumes and footwear will become costlier as the Finance Minister Arun Jaitley on Thursday hiked customs duties on these products in the Union Budget 2018-19.
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.
The list of imported items that will become costlier:
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
Wristwatches, 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 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.