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CUSTOMS ACT EXEMPTION
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...- CBIC rolls out green channel to speed emergency imports during oil spill crisesIn a significant move to bolster environmental protection, the Central Board of Indirect Taxes and Customs has launched a dedicated 'green ...
- Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
- Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
- 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...
- Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
- Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
- Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...
- Public will force even non-BJP state govts to implement Uniform Civil Code: Law Minister Arjun MeghwalUnion Law Minister Arjun Meghwal is confident that public pressure will convince opposition-ruled states to embrace the Uniform Civil Code....
- West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...
- Step-by-step guide for international students planning to study in JapanAspiring students heading to Japan face a structured immigration process. Key steps include securing admission, obtaining a Certificate of ...
- RBI rejects NBFC pleas on funds, norms tighteningThe Reserve Bank of India has rejected several suggestions from Non-Banking Finance Companies. Equity investments in group entities will no...
- Protest erupts in Nepal against taxation on imports above 100 rupees from IndiaProtests have erupted in Birgunj, Nepal, against a new government directive taxing all imports from India exceeding NRS 100. This strict en...
- CBI among agencies exempt from RTI purview, says Kerala HCThe October 31 ruling by a Bench of Chief Justice S Manikumar and Justice Shaji P Chaly came on a plea moved by a retired assistant commiss...
- Customs register two cases against Kerala govt for accepting consignments by UAE for personal useThe Customs said that "some powerful persons" in the state government had accepted those items as "gifts for distribution at certain places...
- SEZ: Two India exist within India?But confusion often arises regarding the scope of these exemptions. One such issue is about the status of VAT exemption.
- Budget 2011: OPPI demands customs duty exemption to notified life saving drugsOrganisation of Pharmaceutical Producers of India (OPPI) has demanded that customs duty be exempted to notified life saving drugs.
- Govt exempts a slew of services from taxStarting next month, there will be no service tax on construction of some low-cost housing, power distribution, foreign travelers in transi...
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