In the latest budget, the government has announced an increase in customs duties on various types of tea and coffee, making these daily essentials a little less pocket-friendly.
Instant coffee in bulk will now face a 5% customs duty, while instant coffee in retail packs will be taxed at 10%. Tea drinkers aren’t spared either: all major categories, including green tea (not fermented) in packs up to 3 kg, other green teas, black tea (fermented and partly fermented) in small packs, tea dust, and black tea in larger packs, will now be subject to a 10% custom duty.
The move is part of the government’s effort to boost revenue, but it’s sure to leave a bitter taste for consumers already grappling with rising prices. Note that these rates will only apply to imported tea and coffee brands, while local alternatives remain safe.