Budget 2019: whats cheaper, whats expensive now
Petrol and diesel: The price of petrol and diesel will soon go up by ₹2 per litre as the finance ministry has decided to impose a special additional excise duty and cess on the two fuels in the Union Budget 2019.
Gold, silver other precious metals: increase in custom duty on gold and other precious metals from 10% to 12.5%.
Digital video recorders
Imported auto parts
Stainless steel products
Electric vehicle components
Mobile phone chargers
To further promote domestic manufacturing, the budget has reduced customs duty on certain raw materials and capital goods.
These include certain inputs of CRGO sheets, amorphous alloy ribbon, ethylene di-chloride, propylene oxide, cobalt matte, naphtha, wool fibres, inputs for manufacture of artificial kidney and disposable sterilised dialyser, and fuels for nuclear power plants.
To further incentivise e-mobility, customs duty is being exempted on certain parts of electric vehicles. Customs duty is also being exempted on capital goods required for manufacture of specified electronic goods. more