Cut in customs duty, support to MSMEs in Budget to help boost manufacturing, exports: ExportersFederation of Indian Export Organisations (FIEO) President A Sakthivel said that many of the changes in the customs duties will help to pro...
03 Feb, 2023, 10.25 AM IST
Customs rejig in Budget: It’s clear-cut, the duty is to Make in IndiaThe finance minister also revised upwards the National Calamity Contingent Duty (NCCD) on specified cigarettes by about 16 per cent. It was...
02 Feb, 2023, 01.58 AM IST
Will Balaji Amines' expansion plans pay off?One such company is Balaji Amines. The stock price of the company reached Rs 336 in 2016. In the midst of the pandemic in March 2020, the s...
11 Aug, 2022, 12.00 PM IST
Importers of denatured ethyl alcohol drag government to court over GST classification issueIn the writ petition, the importer said that the customs department’s stand could impact the supply of some of the crucial materials needed...
19 Jan, 2022, 09.04 AM IST
Sanitiser case: High Court seeks tax department’s responseImporters of “denatured ethyl alcohol,” a raw material used in hand sanitisers and disinfectants have been paying a lower or concessional r...
17 Mar, 2021, 09.09 AM IST
Sugar output up 25.37% at 17.68 million tons during October-January: ISMASugar sales are reported to be more or less similar to last year at around 6.75 million tonnes during October-December of the ongoing marke...
02 Feb, 2021, 03.07 PM IST
Will the new Agriculture Infrastructure & Development Cess affect common man?The Finance Minister has presented the budget, which overall did not seem to touch the middle class in any major way. There was an Agricult...
01 Feb, 2021, 07.58 PM IST
Sanitiser makers move court over ‘typo’ in GST regulations“There appears to be an unintended omission with respect to the usage of the words ‘excisable goods’ instead of ‘taxable goods subject to t...
28 Jan, 2021, 07.39 AM IST
Government of India has asked liquor manufacturers to make alcohol available for sanitiserWorld over in corona affected countries, some distilleries, including Shane Warne’s have stopped manufacturing liquor and started making ha...
21 Mar, 2020, 07.49 PM IST
Government restricts bio-fuel importsTill now, bio-fuel import was allowed only for non-fuel purposes subject to actual user condition.
26 May, 2019, 01.05 PM IST
Government allows export of bio-fuels from special economic zones, EoUsBio-fuels include ethyl alcohol, petroleum oil and oils obtained from bituminous minerals, bio-diesel and mixtures.
06 Feb, 2019, 01.33 PM IST
Government puts restrictions on export of bio-fuelsThe directorate had last week imposed restriction on import of bio-fuels including ethyl alcohol and other denatured spirits, bio-diesel, p...
29 Aug, 2018, 01.47 PM IST
Market Movers: US-China trade talks start; FinMin warning to banks; Likely CAD slippages & moreA look at top macro triggers that may move market on Thursday.
23 Aug, 2018, 08.09 AM IST
Government imposes restrictions on import of bio-fuelsThe import of these items, which was free earlier, will now only be allowed for non-fuel purpose on actual user basis.
22 Aug, 2018, 03.30 PM IST
Industrial alcohol, ethanol to attract 18% GST: Hasmukh AdhiaAdhia further said that the issue of transition stock provision is still under consideration and the GST Council will finalise the provisio...
22 May, 2017, 09.07 PM IST
Budget 2014: Government reduces duty on various chemicals up to 7.5 per centSetting a twin objective of increasing new investment and capacity addition, government today reduced the duty on various chemicals.
10 Jul, 2014, 09.39 PM IST
- Ministry seeks cut in duty on fuels
The ministry of chemicals and petrochemicals has demanded a host of concessions for the sector in Budget ’07-08.
13 Jan, 2007, 04.01 AM IST