BUDGET 2022: Key Customs Proposals
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- By Chetan Kulasri
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- Last Updated on 27 June, 2022
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Rajat Chhabra & Ketan Tadsare – [2022] 135 taxmann.com 100 (Article)
Merely building infrastructure is not good enough to pave the long-term development. It requires focused impetus. The budget 2022 has indeed displayed its intent to cater to this necessity and has announced some nimble developments.
In this article, the authors have discussed the key proposals under Customs such as modification to the Customs (Import of goods at concessional rate of duty) Rules, 2017; to phase out the concessional rates on capital goods and new scheme of Phased Manufacturing Program.
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