ENA Sectors 2023-02-01 06:50:50 <p><span style="font-size:14px"><strong>New Delhi, Feb 1 (KNN)</strong> The Union Finance Minister Nirmala Sitharaman announced reduction of basic custom duty on items other than agriculture and textiles from 21 per cent to 13 per cent.</span></p> <p><span style="font-size:14px">Custom duty reduced on open cells of tv parts, tv panels to 2.5 per cent, stating the indirect taxes will boost exports.</span></p> <p><span style="font-size:14px">For compounded rubber, the FM has proposed increase from 10 per cent to 25 per cent or 30 kg whichever is lower.</span></p> <p><span style="font-size:14px">The basic custom duty has been increased on electrical kitchen chimney from 7. 5 per cent to 15 per cent.</span></p> <p><span style="font-size:14px">The FM has proposed to reduce basic duty on crude glycerine from 7.5 per cent to 2.5 per cent. <em><strong>(KNN Bureau)</strong></em></span></p> <p><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></p> 32140 https://knnindia.co.in/news/newsdetails/sectors/basic-customs-duty-other-than-agri-textiles-reduced-to-13 2023-02-01 06:50:50 knnindia.co.in