Customs duty rates to be calibrated to provide a graded rate structure.
This will facilitate domestic manufacturing of wearable devices, hearable devices and electronic smart meters.
Duty concessions to parts of transformer of mobile phone chargers and camera lens of mobile camera module and certain other items.
This will enable domestic manufacturing of high growth electronic items.
Gems and Jewellery
Customs duty on cut and polished diamonds and gemstones being reduced to 5 per cent and nil customs duty on simply sawn diamond to give boost to gems and jewellery sector.
A simplified regulatory framework to be implemented by June ....
