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CUSTOMS DUTY ON TELECOM
Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...- 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...
- PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...
- India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
- For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...
- US raises concerns at India’s duties on IP-intensive goods, source code, AI working paperThe US has voiced concerns over India's high customs duties on IP-intensive products and its proposed mandatory blanket license for AI deve...
- Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
- Hike in customs duty on PCBA of certain telecom equipment will raise services cost: COAI on BudgetCOAI highlights impact of Budget proposal to raise customs duty on telecom equipment, emphasizing increased costs for telcos and challenges...
- Budget earmarks Rs 1.28 lakh cr for telecom min; BSNL gets lion's share of Rs 82,916 crThe Indian government has proposed a budget allocation of Rs 1.28 lakh crore for telecom projects and public sector firms, with a majority ...
- Telecom infra stocks plunge as govt hikes import duty by 5 pc on telecom gearThe Union Budget 2024-25 increased customs duty on specified telecom equipment to 15%, causing significant stock declines and a 497.22-poin...
- India plans graded customs duties on telecom components to boost domestic manufacturingIndia is planning to impose customs duties on telecom components in a phased manner to discourage imports and promote domestic manufacturin...
- Clarity on customs duty may boost local telecom gear manufacturingAt the start of FY24, the government tightened rules on customs duty payments by telecom gear importers in a bid to plug leakages to the tu...
- Customs duty recast may make telecom gear imports costlierOfficials aware of the details said while most telecom products attract 20% customs duty, there are some nil duty items and several in the ...
- Samsung's 5G gear worth Rs 5-8 crore stuck at Mumbai portSamsung’s offices in Mumbai and New Delhi were last week “searched” by DRI to investigate possible evasion of customs duties for telecom ne...
- Govt may tweak customs duties on host of goods in Budget 2021"Expensive raw materials impact India's price competitiveness in the international market. The country's exports of furniture is very low (...
- Government reviewing import duty on telecom gearThe review will take into consideration the current macroeconomic and currency situations.
- Customs duty raised on telecom equipmentA host of telecom products that enjoyed zero duty would face a customs duty of 10%.
- Handset makers urge DOT to drop import duty charges on 4G smartphonesThis comes after Bengaluru customs about a fortnight ago attempted to levy 10 per cent BCD applicable to 4G gear imports also on 4G smartph...
- Budget 2016: IT Ministry proposes 10% customs duty on some telecom and medical devices to boost manufacturingMCIT has proposed imposing a 10 per cent basic customs duty on populated printed circuit boards of telecom goods and some medical electroni...
- HC asks Gujarat not to collect duty on telecom customers' formsJustice C L Soni of the Gujarat High Court directed the Gujarat government not to collect stamp duty on customers' application forms.
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