Quieter, pointed reforms for ports, customs tariffs with big trade payoffs in Budget 2027

Quieter, pointed reforms for ports, customs tariffs with big trade payoffs in Budget 2027

Customs duty reforms in Budget FY27 will target lower turnaround times for cargo ships and streamline tariffs with an intent to support export diversification in an era of uncertain global trade. In the Union budget, the government wants to enhance trade efficiency by aligning with global practices.

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