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CUSTOMS DUTY DEFERMENT
Q1 earnings preview: Here’s what Nomura expects from Nestle, Titan, other consumer majors’ June quarter resultsNomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June ...- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
- How gold ETFs, tax changes, and recycling incentives can reduce India’s dependence on gold importsOne of the objectives of the gold ETF was not merely financial innovation but to reduce, or at least postpone, the import of physical gold....
- Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
- HSN classification muddle raises costs for battery storage sectorThe industry has sought separate HSN codes, an approved manufacturer list and tighter local content norms, along with clarity on customs du...
- Trade competitiveness will depend on how industry leverages facilitation measures: CIISpeaking at a webinar here , Chairman of CII Western region Subcommittee on International Trade & Investment and MD, Continental Carriers, ...
- India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
- WTO accepts request of India, Taipei to defer ICT import duty dispute ruling until Oct 2026India and Taiwan have secured a delay in a WTO ruling on India's import duties for certain IT products. The decision is now postponed until...
- Finance ministry may review MOOWR benefits for battery storage importsThe Finance Ministry is set to discuss customs warehousing benefits for imported battery storage systems. Industry groups have raised conce...
- Textiles Ministry plans duty cuts to shield industry amid West Asia crisisIn a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp...
- CBIC introduces deferred customs duty payment facility for manufacturers-importersThe Central Board of Indirect Taxes and Customs is launching a new facility for manufacturer importers. Approved companies can now defer cu...
- India allows eligible manufacturers to defer customs duty payments from April 1; aims to boost liquidity and exportsThe Central Board of Indirect Taxes and Customs has launched a new scheme for manufacturers. Eligible importers can now defer customs duty ...
- Eligible manufacturer-importers to get duty deferment facility from MarchRevenue department to roll out 30-day customs duty deferral for eligible manufacturer-importers from next month to boost liquidity and manu...
- Solar power cos can’t import modules without paying dutiesThe CBIC has withdrawn customs duty deferment for solar power companies using imported goods in bonded warehouses. This move, effective Dec...
- 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 ...
- CBIC announces deferred duty payment scheme to ensure easy complianceThe Central Board of Indirect Taxes and Customs (CBIC) announced the deferred duty payment scheme on Tuesday, adding that it had centralize...
- India may again defer duty hike on US products till March 2In June last year, India decided to impose retaliatory tariffs after the US imposed high customs duties on certain steel and aluminium prod...
- OnePlus wants customs duty on imported smartphones deferredAdequate time should be given to companies like OnePlus that sell only one model every year because a sudden increase in prices could drive...
- FM mulls 20% peak Customs rateNEW DELHI: Finance Minister Yashwant Sinha set the cat among the pigeons on Tuesday with the announcement that he was contemplating a sever...
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