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flag India to simplify customs duties in 2026 budget to reduce disputes and boost trade.

flag India plans to cut customs duty slabs from eight to five or six in the 2026 Union Budget to simplify trade rules, reduce legal disputes, and align tariffs with economic goals. flag The move aims to resolve classification conflicts, fix inverted duty structures, and eliminate arbitrary exemptions. flag It’s part of broader reforms to integrate customs with the revised GST and modernize SEZ policies. flag Over 75,000 pending cases and ₹24,000 crore in unpaid duties highlight the urgency. flag Industry leaders are pushing for amnesty on non-wilful violations. flag Finance Minister Nirmala Sitharaman has confirmed customs simplification as a top priority.

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