BUDGET & COMMON MAN: These Will Become Costlier

Costlier now .....  - Sakshi Post

Thanks to the taxes, the following will become costlier now. The government continued its policy of taxing tobacco products this year too.

Pan Masala

Excise duty on pan masala has been hiked to 9 per cent from 6 per cent. Excise duty on pan masala containing tobacco (Gutkha) raised to 12 per cent from 10 per cent. On un-manufactured tobacco the duty has been raised to 8.3 per cent from 4.2 per cent. As a result chewing tobacco too would become costlier.

Cigarettes

Excise duty on non-filter cigarettes of length not exceeding 65 mm raised to Rs 311 per thousand from Rs 215 per thousand. Similarly cigars and cherooks will also become costlier as excise duty on cigar, cheroots has been hiked to 12.5 per cent or Rs 4006 per thousand, whichever is higher, from 12.5 per cent or Rs 3,755 per thousand.

Mobile Phones

Two per cent customs duty would be levied on printed circuit board for manufacture of mobile phones. Till now, these were not taxed.

Aluminium ore

Import duty on aluminium ores and concentrates has been raised to 30 pc from nil presently.

LED Bulbs

Parts used for manufacture of LED lights will attract basic customs duty of 5 per cent and CVD of 6 per cent. However, as part of promoting solar electricity, solar tempered glass used for manufacture of solar cells/panels has been exempted from customs duty

Cars

All cars, including SUVs, to cost more as the Government has imposed a 4 per cent infrastructure cess on petrol, diesel, CNG and LPG-run cars. The small diesel car will have to shell out 2.5 per cent cess.

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