Budget 2025 Update: No Hike in Customs Duty for Imported Cars
Budget 2025 Update: The move did not impact import duties on new cars and SUVs priced above USD 40,000, which remains unchanged despite revisions in the duty structure as announced in Budget 2025. That said, the effective duty on motorcycles has come down.Customs Duty on basic reduced from 125 percent to 70 percent40 percent agricultural cess has been added … Read more