Government increases customs duty on 19 items: Here's what experts have to say about its impact
Updated : September 27, 2018 09:21 AM IST
The increase in the customs duty in the ATF is ultimately going to make air travel costlier.
Nomura said these measures will help the government reduce total imports only by $500 million or 0.1 percent.
HSBC said consumer durable companies may have to increase their prices between one and five percent to offset the increased duties.