The Union Budget 2025-26 introduces key exemptions under Basic Customs Duty to support domestic manufacturing and exports. Proposals include simplifying the tariff structure, creating an Interim Board for settlement, and revising MSME classification criteria to promote ease of doing business and reduce litigation. Read more at: https://legal.economictimes.indiatimes.com/news/law-policy/union-budget-2025-26-major-customs-duty-exemptions-to-boost-domestic-manufacturing-and-exports/117882606?ag=wappchnl&utm_source=wappchnl