News Business Union Budget 2020: Imported footwear to get costly as custom duty hiked

Union Budget 2020: Imported footwear to get costly as custom duty hiked

Finance Minister Nirmala Sitharaman on Saturday announced increasing customs duty on imported footwear and furniture. In her second Budget presentation, the finance minister also imposed health cess on import of medical equipment. 

Imported footwear to get costly as custom duty hiked (Representational image) Image Source : FILE Imported footwear to get costly as custom duty hiked (Representational image)

Finance Minister Nirmala Sitharaman on Saturday announced increasing customs duty on imported footwear and furniture. In her second Budget presentation, the finance minister also imposed health cess on import of medical equipment. 

More to follow. 

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