Keeping in view the need of the MSME sector, Customs duty is being raised on items like footwear (from 25% to 35% on footwear and from 15% to 20% on parts of footwear) and furniture (from 20% to 25%). While presenting the Union Budget 2020-21 in Parliament today, the Union Minister for Finance & Corporate […]
The post Govt. proposes Increase in Customs Duty on Footwear and Furniture to Promote Domestic MSMEs appeared first on Taxscan | Simplifying Tax Laws.
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