02
Feb
07:54
India adjusts import customs duties for domestic green mobility development
India has adjusted its customs duties on various capital goods and commodities to promote domestic green mobility development, according to its newly released Union Budget 2023-2024. The new policy will become effective from 1 April.
As announced by the country's finance minister Nirmala Sitharaman on 1 February, for EVs in completely built unit (CBU) form with a unit cost (excluding freight fees in CIF terms) over $40,000, the import…
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Anonymous
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