Subscribe to our Newsletters !!

    lab chemicals

    Lab Chemicals Duty Rollback:The Missed Relief for Indian Researchers

    Under the 2024-25 budget, the Finance Ministry on 23rd July, 2024 announced a significant rise in the Basic Customs Duty (BCD) on laboratory chemicals classified under HSN 98020000 from a mere 10% to an astonishing 150%. As a result of this decision, the cost of essential lab chemicals increased significantly thereby putting more financial constraints