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Friday, July 01, 2022

import duty


‘Protection today hurts a lot more than in the past’

February 26, 2022 1:04 am

“I still don’t see that we will roll back protection with the present government, it doesn’t look to me like there is any constituency within the government to roll back the tariff protection,” Panagariya said, noting that one opening that had happened was the Centre’s push for FTAs. 

RSS affiliate seeks rollback of import duty cuts

November 27, 2021 8:30 pm

In a statement issued on Saturday, the group demanded a long term import-export policy for agricultural produce and asked the government to roll back the import duty cuts. It said it had given a memorandum on this to Commerce Minister Piyush Goyal.

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


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.