Budget 2022 to make imported headphones, solar cells costlier, cocoa beans, frozen mussels cheaper

NEW DELHI: A large number of commonly used items, including headphones, earphones, loudspeakers, smart meters, imitation jewellery, solar cells and solar modules will become more expensive due to a hike in customs duties on imported parts, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2022-23.

However, imported cut and polished diamonds, frozen mussels, frozen squids, asafoetida, cocoa beans, methyl alcohol and acetic acid will become cheaper as a result of rationalisation in customs duties.

Following is a list of imported items that will become costlier:

• Umbrella
• Imitation Jewellery
• Single or multiple loudspeakers
• Headphones and earphones
• Smart meters
• Solar cells
• Solar modules
• X-ray machines
• Parts of electronic toys.

However, certain goods will become cheaper as the government has slashed the customs duty and they are:

• Frozen mussels
• Frozen squids
• Asafoetida
• Cocoa beans
• Methyl alcohol
• Acetic acid
• Cut and polished diamonds
• Camera lens for cellular mobile phone.