Budget 2024: Custom duty rules will change to increase domestic manufacturing, custom duty for mobile parts reduced to 15%

Custom duty rules will be changed to increase domestic manufacturing. 3 cancer medicines out of the scope of custom duty. Custom duty for mobile parts reduced to 15%. Custom duty removed on 25 critical minerals. Custom duty reduced on shrimp, fish food. Custom duty on gold and silver reduced from 6.5% to 6%. Custom duty increased to 15% on some telecom equipment.