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HomeEngineeringBudget 2025: Govt exempts duty on cobalt, lithium-ion battery waste, and 12 critical minerals

Budget 2025: Govt exempts duty on cobalt, lithium-ion battery waste, and 12 critical minerals

She said, “To the list of exempted capital goods, I propose to add 35 additional capital goods for EV battery manufacturing and 28 additional capital goods for mobile phone battery manufacturing. This will boost the domestic manufacture of lithium-ion batteries both for mobile phones and for electric vehicles.”
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