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CUSTOMS BONDED WAREHOUSES
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...- Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
- Before trade deadline, firms rushed goods out of duty-free warehousesAs tariff deadlines approached, companies rushed to withdraw goods from bonded warehouses, fearing increased rates under President Trump's ...
- Importers delay customs clearance of US dry fruitIndian dry fruit importers are delaying customs clearance for US nuts. They anticipate a significant reduction in import duties due to a po...
- Importers race to turn US warehouses into tariff-free zonesAmerican companies importing from China are quickly converting warehouses. They aim to avoid President Trump's tariffs. Bonded warehouses a...
- CAG asks customs dept to ensure periodic audit of SEZsIt also asked the customs department to ramp up its IT systems to track, monitor submission and renewal of solvency certificates, duty bond...
- The need for a commodity repository and its benefitsCommodities market is similar to capital market where in place of trading company shares, warehouse receipts representing ownership of comm...
- Companies seek clarity on depreciation on capital goods imported to bonded warehousesThe government has allowed duty-free import of raw materials and capital goods for undertaking manufacturing in customs bonded warehouses (...
- Companies seek clarity on imported capital goods’ depreciationMany companies have reached out to the government for clarity on whether depreciation can be availed on imported capital equipment for manu...
- MOOWR– A new warehouse scheme can play a key part in India’s tradeThe revised scheme has caught the attention of many corporates in India and some large multinational companies are considering this option ...
- Manufacturing under Customs Bonded Warehouse – Opening up new possibilitiesThe manufacturing industry expects that the government, through the Budget, would bring in incentives or new schemes to infuse fresh life a...
- Electronic sealing for deposit and removal of goods from warehouses deferredThe customs department has deferred the implementation of mandatory electronic sealing for deposit and removal of goods from customs wareho...
- CBIC again defers e-sealing on deposit, removal of goods from customs warehouses"The board has decided to further defer the implementation" of electronic sealing for deposit in and removal of goods from customs bonded w...
- Importers petition withdrawn in customs bonded warehouse IGST caseThe amendments in the GST law announced on July 8 have exempted the tax on the second leg of the transaction, when the sale happens within ...
- GST to be levied on goods stored in customs warehouse only on final clearance: CBIC"The supply of goods before their clearance from the warehouse would not be subject to the levy of integrated tax," the CBIC said in a circ...
- India partners logistics firm Bollore Africa for pharma product storageIndia has entered into a partnership with Bollore Africa to allow pharmaceutical firms from the country to store their products shipped to ...
- CWC should provide more services and be competitive: Ram Vilas PaswanAddressing the foundation day of the CWC, the minister said the corporation has made a significant progress since its formation in 1957.
- Gold imports in August likely to be 5 tonne; may resume from tomorrowRBI had come out with a circular on July 22 that said 20% of an imported consignment should exclusively be made available for exports.
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