Union Budget 2014: Smoking to be costly; colour TV, footwear set to be cheaper

Jul 10 2014, 16:56 IST
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 Jaitley proposed to increase the specific excise duty on cigarettes in the range of 11 per cent to 72 per cent. Jaitley proposed to increase the specific excise duty on cigarettes in the range of 11 per cent to 72 per cent.
SummarySmokers will have to shell out more for the puff as Finance Minister Arun Jaitley today proposed a steep hike...

ingredients such fatty acids, crude palm stearin, RBD and other palm stearin, specified industrial grade crude oils will no longer attract basic customs duty as against from 7.5 per cent levied earlier.

Other ingredients in soaps such as crude glycerin will now per cent compared with 12.5 per cent earlier.

Portable X-ray machines will become costlier CVD exemption on them being withdrawn.

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