Prices of 7,000 luxury items to reduce; govt cuts import duty
Govt aims to support local industries by reducing regulatory duties on raw materials
Govt aims to support local industries by reducing regulatory duties on raw materials
Revised duties, which range from 5% to 55%, are aimed at curbing imports and boosting local industries.
Duty on used vehicles over 1800cc to go up from 70% to 100%; 15% duty on vehicles up to 1800cc
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