You are here: Home » Opinion » Columns
Cloning overcomes prejudices
Best of BS Opinion: Mudra loans, success in exporting goods, and more
Business Standard

Govt must cut number of slabs in Customs duty

The finance ministry has made a good beginning by reviewing the exemptions with intent to eliminate them

Topics
Customs duty | Finance Ministry | BS Opinion

TNC Rajagopalan 



TNC Rajagopalan

The has taken up a review of 523 entries in 5 different Customs exemption notifications. The idea is to eliminate these exemptions after receiving responses from the trade. This move follows removal of 80 outdated exemptions last year and the statement of the finance minister in her Budget speech that more exemptions will be reviewed and eliminated after due consultation with stakeholders.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, July 26 2021. 01:08 IST

RECOMMENDED FOR YOU

.