Imported AC, fridge, washing machines to cost more as duty hiked
The government has raised import duties on 19 "non-essential items" including air conditioners, refrigerators, washing machines and jewellery items in a bid to reduce the Current Account Deficit. The total value of imports of these items in FY18 was about â¹86,000 crore. The other items include speakers, radial car tyres, suitcases, kitchenware, office stationery, and certain plastic goods.