customs duty

News

CUSTOMS DUTY NEWS

Vinay Kumar Bengaluru activist customs duty Covid

Bengaluru activist gets customs relief on Covid oxygen concentrator imports

August 14, 2026 10:35 am

Vinay Kumar received the customs notice in March, years after he coordinated the fundraising and delivery of around 700 oxygen concentrators from Europe.

Government waives import duty on inputs for manufacturing batteries, manufacturing batteries, import duty on inputs for manufacturing batteries, customs duty, lithium-ion cell manufacturing, customs duty, Indian express news, current affairs

Government waives import duty on inputs for manufacturing batteries, display assemblies

July 10, 2026 1:03 am

The items exempted from customs duty include backlight units, frames, anisotropic conductive film, cathode and anode extrusion coating machines, powder dryers and slurry transfer systems.

Relief for Myntra: Why CESTAT quashed Rs 3.47 crore customs penalty over imported jackets

March 09, 2026 1:37 am

It was argued before the Customs, Excise And Service Tax Appellate Tribunal that Myntra mis-declared the description and classification of the jackets, thereby misleading the authorities and evading duty.

17 cancer drugs cheaper after customs duty exemption: These have survival benefits, says AIIMS doctor

February 02, 2026 12:06 pm

During the interim budget as well, Union Finance Minister Nirmala Sitharaman had reduced the customs duty on three advanced anti-cancer therapies.

Mumbai: DRI busts racket involved in duty evasion of Rs 30 crore in luxury furniture import; 3 arrested

July 22, 2025 11:03 pm

The anti-smuggling agency's investigation revealed that the beneficial owner, a well-known luxury furniture brand, was sourcing luxury furniture from reputed Italian and other European brands

India has imported bourbon whiskey worth $2.5 million in 2023-24. (Credit: pexels.com)

India cuts customs duty on bourbon whiskey to 50%

February 15, 2025 10:43 pm

As per the notification issued by the Department of Revenue, bourbon whiskey would now attract 50 per cent customs duty on its import. Import duty on bourbon whiskey was 150 per cent earlier.

Union Budget 2024-25: Customs duty for mobile phones & chargers slashed to 15 per cent.

Mobile phones, chargers to cost less? What 5% BCD cut in Budget 2024 means for consumers

July 24, 2024 6:25 pm

Presenting the Union Budget 2024-25, Finance Minister Nirmala Sitharaman remarked that the Indian mobile phone industry has matured.

Budget 2024: What gets cheaper, what gets costlier?

July 23, 2024 7:17 pm

Govt proposed to reduce the Customs Duty on mobile phones, mobile PCBA, & mobile chargers to 15%.

Govt waives duty and agri cess on crude soya bean, sunflower oil imports under tariff rate quota till June 30

May 11, 2023 12:57 pm

The finance ministry has exempted imports of crude soya bean and sunflower oil from basic customs duty and agriculture infrastructure and development cess till June 30, subject to certain conditions.