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Saturday, June 19, 2021

import duty

IMPORT DUTY NEWS

Growers body CCPA urges commerce minister not to reduce import duty on tea

August 12, 2020 4:03 pm

According to Consultative Committee of Plantation Associations (CCPA), reduction in import duty, now 100 per cent, will pave the way for cheap tea to flood the market which will have disastrous effect on prices.

India hikes import tax on crude palm oil again

February 01, 2020 6:11 pm

Last month, India restricted imports of refined palm oil and asked importers to avoid purchases from Malaysia after its criticism of India's actions in Kashmir and a new citizenship law.

Government cuts import duty on crude, refined palm oils under ASEAN, IMCECA pacts

January 01, 2020 6:19 pm

Opposing the move, the Solvent Extractors' Association of India (SEA) said that after the reduction in import duty, the tax difference between CPO and refined palmolein has reduced from 10 per cent to 7.5 per cent.

Almonds to apples, Centre plans retaliatory tariffs on 29 US items

June 15, 2019 4:11 am

The move comes almost two weeks after the Trump administration announced its decision to withdraw India’s duty-free benefits under the US select trade programme and may hit imports of products like almonds, apples, pears, chickpeas and walnuts.

India again extends retaliatory tariff deadline on US products till May 16

May 03, 2019 4:15 pm

This extension comes in the backdrop of the US decision to withdraw export incentives being provided to them to Indian exporters under Generalised System of Preferences (GSP) programme, which is expected to impact India's exports to the US worth USD 5.6 billion.

Pulwama aftermath: Mumbai shop told to pay Rs 2 lakh for newspapers, journals from Pakistan

April 13, 2019 10:47 am

Until February this year, there was no import duty on newspapers and magazines from Pakistan. However, following the Pulwama attack, India on February 16 hiked import duty on Pakistani goods to 200 per cent.

‘Import duty hike may add to telcos’ financial stress’

November 22, 2018 9:07 am

The biggest consolidation concluded only recently with the second and third largest operators Vodafone India and Idea Cellular, respectively, merging to create the country’s largest telecom company.

Smartphones, smartwatches to get expensive as India set to raise import tariffs

October 12, 2018 10:51 am

The Indian government listed several items that could be impacted including wearables like smart watches, Voice over Internet Protocol equipment and phones

Centre hikes import duty on 15 items as Rupee, stocks fall

October 12, 2018 6:57 am

Sources told The Indian Express that more measures to curb imports and a possible issue of bonds to NRIs are options that could be considered to contain the rising current account deficit.

ACs, fridge, diamonds costlier after import duty hike; check the full list

September 27, 2018 1:24 pm

The enhanced duty rates has come into effect from midnight of September 26-27, said a government statement.

IMPORT DUTY VIDEOS

MPs demand import duty hike on rubber in Kerala

March 01, 2016 9:48 am

New Delhi, Mar 01 (ANI): Kerala MPs stalled the Parliament proceedings demanding import duty hike on rubber. The MPs protested and urged the government to increase the import duty on natural rubber. Rubber growers have been distressed owing to more than 155 per cent fall in prices in the last five years.