What is the impact of 150% customs duty on lab chemicals on scientists

Understand the implications of the increased customs duty on lab chemicals for the scientific community.
  • Increased cost burden: Scientists will face higher expenses for purchasing lab chemicals due to the 150% customs duty, potentially impacting their research budget.
  • Limitations on research projects: The higher cost may lead to researchers being unable to afford certain chemicals, limiting the scope of their experiments and hindering scientific advancements.
  • Impact on innovation: The increased customs duty may discourage scientists from conducting research or force them to seek alternative, potentially inferior, methods or materials.
  • Collaboration barriers: Scientists from countries with the increased customs duty may face challenges in collaborating with international peers who have easier access to cheaper lab chemicals.
Answered 9 months ago
Rahul Preparing for Civil Services