Which products will be expensive and cheaper in FY-2018?

 

What is cheaper and what will become more expensive? In this GST era, this is one of the most important queries on the common man’s mind. Though the 2018 Union Budget presented by Finance Minister Arun Jaitley did not announce any major changes in the price of commodities and services, changes in excise and customs duties on certain items set to get costlier from April 1.

A large number of imported items including mobile handsets, cars and motorcycles, fruit juices, perfumes and footwear will become costlier as the Union Budget 2018-19 hiked customs duties on these products.

However, select items such as imported raw cashew nuts, solar tempered glass and raw materials and accessories of cochlear implants will become cheaper with the government today reducing import duties on these items.

Imported items that will become costlier

Smart watches/wearable devices

Products/services that will turn cheaper:

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