Union Budget 2018: Petrol, Diesel Among Few Things That Get Cheaper; Mobile Phones, Perfumes, Watches, Pan Masala to Cost More

New Delhi: A large number of imported items, including mobile handsets, cars and motorcycles, fruit juices, perfumes, footwear, wrist watches and sunglasses will become costlier as the Finance Minister Arun Jaitley hiked customs duties on these products in the Union Budget 2018-19. However, petrol, diesel and imported raw cashew nuts will become cheaper with the government reducing import duties on these items.What Gets Costlier

— Cars and motorcycles

— Mobile phones

— Silver

— Gold

— 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

— Video game consoles

— Articles and equipment for sports or outdoor games, swimming pools and paddling pools

— Cigarette and other lighters, candles

— Kites

— Edible/vegetable oils such as olive oil, groundnut oilWhat Will Get Cheaper

— Raw cashew nuts

— Petrol

— Diesel

— 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.

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