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List of products turning costlier, cheaper from April 1

List of products turning costlier, cheaper from April 1

What is cheaper and what will become more expensive? In this GST era, this is one of the most important queries on the common man’s mind. Though the 2018 Union Budget presented by Finance Minister Arun Jaitley did not announce any major changes in the price of commodities and services, changes in excise and customs duties on certain items set to get costlier from April 1.

A large number of imported items including mobile handsets, cars and motorcycles, fruit juices, perfumes and footwear will become costlier as the Union Budget 2018-19 hiked customs duties on these products.
However, select items such as imported raw cashew nuts, solar tempered glass and raw materials and accessories of cochlear implants will become cheaper with the government today reducing import duties on these items.

Imported items that will become costlier

Mobile phones, Silver, Gold
Cars and motorcycles
Vegetable, fruit juices, including orange and cranberry
Sunglasses, Miscellaneous food preparations other than soya protein
Perfumes and toilet waters
Sunscreen, suntan, manicure, pedicure preparations
Preparations for oral dental hygiene, denture fixative pastes and powders; dental floss
Pre-shave, shaving or after-shave preparations
Deodorants, bath preparations, depilatories, perfumery
Scent sprays and similar toilet sprays
Truck and Bus radial tyres
Silk Fabrics, footwear,
Coloured gemstones, Diamonds, Imitation jewellery
Smart watches/wearable devices
LCD/ LED TV panels

Furniture, Mattresses, Lamps

Wrist watches, pocket watches, clocks
Tricycles, scooters, pedal cars, wheeled toys, dolls’ carriages, dolls, toys, puzzles of all kinds
Cigarette and other lighters, candles, Kites
Edible/vegetable oils such as olive oil, groundnut oil
Products/services that will turn cheaper:
Raw cashew nuts
Solar tempered glass or solar tempered glass used for manufacture solar panels/modules
Raw materials, parts or accessories used in making cochlear implants
Select capital goods and electronics such as ball screws and linear motion guides
Source by oneindia..
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