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CUSTOM DUTIES ON IMPORTED GOODS
India takes the shine off silver as imports plunge 82% in May after duty hikeMay witnessed a steep decline of over 81% in India's silver imports, a result of the government's recent moves to hike import duties and re...17 Jun, 2026, 03.16 PM IST- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...16 Jun, 2026, 04.15 PM IST
- USTR Greer, Piyush Goyal to hold trade pact talks next weekUS trade representative Jamieson Greer will visit India on June 23-24. He will meet Commerce and Industry Minister Piyush Goyal. Discussion...16 Jun, 2026, 12.24 AM IST
- Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...16 Jun, 2026, 12.17 AM IST
- Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...15 Jun, 2026, 09.19 PM IST
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...15 Jun, 2026, 01.32 PM IST
- Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...13 Jun, 2026, 12.23 AM IST
- Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...12 Jun, 2026, 06.43 AM IST
- India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...12 Jun, 2026, 01.58 AM IST
- How Gen Z became the most important customer in FMCGYoung consumers are now driving major decisions at established food companies. Gen-Z and millennials are influencing product development, a...12 Jun, 2026, 12.40 AM IST
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...11 Jun, 2026, 06.27 AM IST
- Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...10 Jun, 2026, 07.59 PM IST
- India considers extending import tax exemption on petrochemicals to beyond June 30India will consider extending import tax exemptions on petrochemicals used for making plastics and pharmaceutical goods beyond June 30 to...09 Jun, 2026, 06.52 PM IST
- India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...09 Jun, 2026, 03.39 PM IST
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...09 Jun, 2026, 11.58 AM IST
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...09 Jun, 2026, 09.40 AM IST
- Govt exempts customs duty on cotton imports for five monthsThe government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material...30 May, 2026, 11.02 PM IST
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