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More Than 300 Items May See Customs Duty Hike In Budget

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17.01.2020

Many of these industries are essentially concentrated in the small and medium sectors

New Delhi:

As a measure to boost domestic small and medium industry, the government may consider a hike in customs duty on over 300 items such as toys, furniture, footwear, coated paper and rubber items in the Union Budget.

Besides giving relief to the domestic industry and boosting employment, the move is meant to keep imports down and help to raise revenue. Many of these industries are essentially concentrated in........

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