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CUSTOMS DUTY INDIA
Xiaomi challenges India taxman in SC over tariffs on royaltiesXiaomi contests a significant Indian tax demand on royalty payments. The company argues the ruling misinterprets contract manufacturing pra...
Buying gold in Dubai to sell in India? Here’s the real math on duty, GST and thin margins
China seeks dispute consultations against India's solar tariffs, PLI at WTOChina has initiated dispute consultations with India at the WTO over measures concerning solar cells, solar modules, and IT goods. Beijing ...
Luxury houses eye India, but barriers remainFrench luxury giant Galeries Lafayette has launched its first Indian store in Mumbai. The brand partners with Aditya Birla Group for its en...
Trump calls India a Tariff King - a toothless allegationDespite Donald Trump's claim that India is the "tariff king," data shows India's weighted average tariff on U.S. imports is under 5%. In co...
How much gold can you legally carry from Dubai to India?Kannada actress Ranya Rao was arrested at Bengaluru airport for allegedly smuggling 14.2 kg of gold from Dubai. The incident highlights the...
Amid Trump's tariff threats, India vows to avoid protectionist signals on tradeIn the wake of U.S. tariffs, India's Finance Secretary Tuhin Kanta Pandey stated that the country is not leaning towards protectionism. Ind...
Experts demand tax relief for artefacts being brought back to IndiaExperts at the 106th National Convention of the Indian Numismatic Society in Mathura urged the government to reduce or eliminate the 33% cu...
Budget at a glance: What's in store for India's solar industry and Japan expo in budget 2024-25?Global rating agencies Fitch Ratings and Moody's endorsed India's 2024-25 budget for its policy continuity and commitment to deficit reduct...
Finance Minister Nirmala Sitharaman announces rejig in customs duty, details hereWith promotion of exports and enhancement of domestic manufacturing in focus, Finance Minister Nirmala Sitharaman on Wednesday announced a ...
Import duty won’t make solar tariffs go through the roof, say expertsAt present, India levies a safeguard duty of 14.5% on solar components imported from abroad while there is no customs duty. India is chasin...
Eco Survey makes case for correction in inverted duty structureInverted duty structure impacts the domestic industry adversely as manufacturers have to pay a higher price for raw material in terms of du...
India slaps custom duty on lithium ion cells and printed board assemblyGovernment also exempted import of parts, sub-parts, inputs or raw material for use in manufacture of lithium-ion cell from customs duty.
Govt extends duty benefit for export of non-basmati riceThe duty benefit is provided on non-basmati rice under the commerce ministry's Merchandise Exports from India Scheme (MEIS).
Anand Sharma reviews foreign trade policySharma expressed satisfaction over market diversification of exports and said that would contribute more to the growth of India's exports.
- Chemical industry seeks zero per cent duty on feedstock, raw materials import
The chemicals industry has sought zero per cent duty structure on import of feedstock and raw material in the forthcoming budget.
- India delays WTO probe on American wine
India blocked a World Trade Organization investigation of its import duties on American wine and spirits today, temporarily delaying a US g...