Duty concessions are being given to parts of transformer of mobile phone chargers and camera lens of mobile camera module and certain other items.
Customs duty on cut and polished diamonds and gemstones are being reduced to 5%
Customs duty on certain critical chemicals namely methanol, acetic acid and heavy feedstocks for petroleum refining are being reduced
Customs duty on umbrellas being raised to 20 percent. Exemption to parts of umbrellas being withdrawn.
As unblended fuel will attract an additional differential excise duty of Rs 2/ litre from October 1, 2022, to further encourage the blending of fuel.
In order to disincentivise import of undervalued imitation jewellery, the government has decided to levy a custom duty of Rs.400 per kg on imitation jewellery.
Custom duty on manufacturing of wearable, hearables and shareable devices, and electronic smart metres. To facilitate domestic manufacturing of wearables.