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CIF VALUE IN IMPORTS
Post office customers can now do paperless transactions at branch offices with Aadhaar e-KYCThe Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post Office Savings Account, RD and SS...- India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
- Gold imports under India, UAE FTA quota remain modest: OfficialGold imports under a special trade deal with the UAE have seen low usage. The India-UAE Comprehensive Economic Partnership Agreement offers...
- Government extends minimum import price on Multi-Layer Paper Board till September 30The government has extended the minimum import price (MIP) on virgin multi-layer paper board at ₹67,220 per metric tonne until September 30...
- India imposes import curbs on herbicide Glufosinate & saltsNew Delhi has placed restrictions on Glufosinate and its salts imports for six months. This herbicide, crucial for agriculture, will face c...
- Imports of roasted areca nuts below ₹351/kg restrictedIndia's latest import regulations see the prohibition of roasted Areca nuts valued below ₹351 per kilogram, a step aimed at stabilizing the...
- Commerce ministry recommends anti-dumping duty on solar cells from China for 3 yrsIndia's trade remedies body has recommended anti-dumping duties on solar cell imports from China. This move aims to protect manufacturers i...
- Govt restricts cabinet hinges priced below Rs 280 per kilogramThe government has implemented import restrictions on cabinet hinges priced below Rs 280 per kilogram, aiming to curb inexpensive imports, ...
- Govt restricts import of herbicide Glufosinate priced lower than Rs 1,289 per kgThe Indian government has restricted imports of the herbicide Glufosinate priced below Rs 1,289 per kg to discourage inbound shipments. Imp...
- Tesla 'silent'; yet to communicate its India plans: OfficialAmerican tech billionaire Elon Musk, who was scheduled to visit India on April 21-22, had postponed his visit at the last moment citing "ve...
- Govt to come out with detailed guidelines for investment under EV policyThe government, through the Ministry of Heavy Industries, is creating detailed guidelines for companies seeking investments under the elect...
- Govt bans screw imports priced less than Rs 129 per kgThe government has prohibited the import of specific screws priced below Rs 129 per kg to boost local manufacturing. The Directorate Genera...
- Govt imposes ban on imports of cheap screwsThe government has prohibited the import of specific screws priced below Rs 129 per kg to boost local manufacturing. The Directorate Genera...
- Government prohibits import of cigarette lighters under Rs 20"The import policy of cigarette lighters...is revised from 'free' to 'prohibited'. However, import shall be free if CIF value is Rs 20 or a...
- Taxing free-on-board imports: Gujarat High Court seeks Centre's replyA decision on the issue will have wide ramifications for crude oil, alcohol, and capital goods as a large quantum of their imports are on F...
- Taxpayers can now claim refund of IGST on ocean freight: Experts on SC judgementTax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. "In fact those taxpayers who h...
- Govt imposes countervailing duty on Chinese sweetenerThe Department of Revenue imposed the duty after it was recommended by the Commerce Ministry's investigation arm DGTR.
- Government hikes electronic goods import limit for personal use"CIF value of import of consumer electronic items at any one time by any person through post or otherwise for personal use is enhanced to R...
- India relaxes border trade norms with ChinaAhead of PM Modi's visit to China, India relaxed the border trade by raising the transaction value of consignments between the two countrie...
- Oil import duty cut plans upset oilseed industryEven as the government is said to be weighing options to reduce import duty on palm and soyabean oil in the light of rising edible oil pric...
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