According to Union Finance Minister Nirmala Sitharaman's speech in Lok Sabha on February 1, 2023.

There were minor changes in the basic customs duties.

The government also proposed to reduce customs duty on the import of certain inputs for mobile phone manufacturing. Customs duty on parts of open cells of TV panels cut to 2.5%.

Basic custom duty on acyclic & cyclic hydrocarbons rationalized to 2.5%.