Custom duty

News

CUSTOM DUTY NEWS

Double counting: $3-4 bn downward revision in Nov gold import figures likely

January 09, 2025 5:24 am

In the Budget 2024-25, the customs duty on gold was sharply cut to 6 per cent from 15 per cent

India cuts windfall tax on petroleum crude to zero

May 16, 2023 9:14 am

India last July imposed the windfall tax on crude oil producers and extended the levy on exports of gasoline, diesel, and aviation fuel after private refiners wanted to make gains from robust refining margins in overseas markets, instead of selling at home.

Moratorium on customs duties on e-commerce trade, agri issues may come up at WTO's meet on June 7

May 10, 2023 11:37 am

Trade ministers of certain countries, including India, Australia, and the US, may participate in the meet, which would be held on the sidelines of the Organisation for Economic Cooperation and development (OECD) meeting.

CBIC extends interest waiver on customs duty payable via ECL till April 13

April 12, 2023 11:55 am

The CBIC has extended the interest waiver on customs duty payable by importers and exporters through the Electronic Cash Ledger (ECL) till April 13.

Customs duty on cotton won't help farmers much: Farm Activist

February 02, 2021 12:54 am

Finance Minister Nirmala Sitharaman on Monday announced customs duty of 10 per cent on cotton in the Union Budget.

Mohan bhagwat speech, Mohan bhagwat dushhera speech, rss, bjp, RCEP,Regional Comprehensive Economic Partnership, whats is RCEP,

India imposes customs duty on 28 US products, to come into effect from Sunday

June 15, 2019 11:06 pm

The move which comes two weeks after Trump administration announced its decision to withdraw India's status from its select trade programme will hurt American exporters.

India hasn't shown inclination to pursue deeper defence ties with Afghanistan: US report

India postpones retaliatory import tariffs on US goods again

March 31, 2019 10:31 am

India has put off imposing retaliatory tariffs a number of times since June 2018, when it decided to hit back at a move by the US to place high customs duties on certain steel and aluminium products.

import duty, trade policy, Indian trade policy, India import tariffs, customs duty, US tariffs, WTO, India economy, business news, indian express news

Shift in policy of two decades in last 2 yrs: Apples to mobiles, sweeping duty hikes cover more than 400 items

August 13, 2018 6:52 am

Officials that The Indian Express spoke to conceded that there was a considered shift in the tariff responses subsequent to this meeting “in line with new global realities”.