This document outlines the key changes to Customs and Excise duties introduced by the Union Budget 2024-25. It provides a section-wise comparison of proposed amendments, focusing on revised duty rates for various sectors like agriculture, critical minerals, electronics, and textiles. The summary also covers legislative changes to the Customs Act aimed at trade facilitation and simplification. This guide is useful for businesses, importers, exporters, and anyone impacted by the new fiscal policies.
Budget 2024 - Changes under Customs & Excise #docx