New Delhi:
The Centre is preparing to roll out a fresh overhaul of India’s customs duty architecture in the Union Budget for FY2027, a move that could significantly simplify import taxation while aligning India’s tariff regime with its expanding trade ambitions.
According to people familiar with the discussions, the government is examining a proposal to shrink the number of basic customs duty slabs as part of a broader rationalisation exercise. The objective is to make the tariff structure simpler, reduce disputes, and bring greater predictability for businesses operating in global supply chains.
full news : https://www.businesstoday.in/union-budget/economy/story/budget-2026-customs-duty-overhaul-in-the-backdrop-of-trade-deals-on-cards-510272-2026-01-09
