Question

As per Union Budget 2026-27 announcements related to deep-sea fisheries, what is the new tax treatment for fish caught by Indian fishing vessels in India's EEZ or High Seas?

A Such fish will attract 5% customs duty when landed at Indian ports
B Such fish will be entirely exempt from GST at the point of sale
C Such fish shall be free of import duty, and fish landed at foreign ports will be treated as exports
D Such fish will attract a concessional import duty of 2.5% to discourage tax evasion
E Such fish will be mandatorily processed domestically before any export
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