Budget 2024 at a glance: What’s going down and what’s moving up

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GOING DOWN
Imported cancer drugs trastuzumab deruxtecan, osimertinib, and durvalumab— customs duty cut to nil from 10%.


Shea butter cosmetics — customs duty on shea nuts reduced to 15% from 30%.Stretchable clothes that contain spandex, such as jeans and tops—customs duty on MDI for manufacture of spandex yarn reduced to 5% from 7.5%.

MOVING UP
Imported roasted and preserved nuts and seeds, including areca nuts—customs duty increased to 150% from 30%.PUBLIC MONEY



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