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EXPORT DUTIES
India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
Reliance Industries shares in focus as govt slashes windfall tax on fuel exports; stock down 21% in 2026 so farReliance Industries will remain in focus after the government cut windfall taxes on petrol, diesel and ATF exports. The company, a major ex...
Centre eases export compliance for shipments up to Rs 3 lakh, seeks 5-year RoDTEP extensionExporters will not need a registration certificate for shipments valued up to three lakh rupees. This change reduces compliance burdens for...
NITI seeks easier access to geological data, capital for small exploration companiesNiti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and fores...
India slashes windfall tax on petrol, diesel, ATF exportsThe government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
India clears 642-car import quota from UK under India-UK trade agreementIndia's Directorate General of Foreign Trade approved seven companies to import 642 cars. These imports will occur under the India-UK free ...
New Zealand parliament passes 'once-in-a-generation' India trade deal, cutting tariffs on most exportsNew Zealand's parliament has passed legislation implementing its free trade agreement with India, clearing the way for tariff elimination o...
Leather, footwear exports may hit $5.5 billion as UK, EU trade pacts boost growth: CLE Chairman JunejaIndia's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU will significantly boost these fu...
Customs duty hike impact: Gold imports contract to USD 2.3 billion in AugustIndia’s gold imports declined significantly in August following an increase in customs duty, while silver imports rose sharply during the m...
India's met coke imports set for record despite anti-dumping levyIndia's met coke imports are set to reach a record high this year. Domestic shortages and strong pig iron demand fuel higher overseas purch...
Textile industry wants 6-month extension for duty-free cotton importsIndia's textile industry requests a six-month extension for duty-free cotton imports beyond October 31. This plea comes as cotton yarn pric...
India to get 6.94 lakh tonnes steel export quota under EU free trade pactIndia will receive country-specific tariff-rate quotas for steel exports to the European Union. These quotas total 1.64 million tonnes annu...
India gets 6.94 lakh tonnes of steel quota annually for exports under India-EU free trade pactIndia will receive substantial tariff-rate quotas for steel exports to the European Union. These quotas total 1.64 million tonnes annually,...
US determines anti dumping, countervailing duty on Indian solar cells, panelsThe US has finalized duties on solar cells and panels imported from India. Anti-dumping and countervailing duties were set for several Indi...
US finalises levies on solar cell imports from India, Indonesia, LaosThe US Commerce Department has finalised anti-dumping and countervailing duties on solar cells and panels from India, Indonesia and Laos, c...
Peru awaits India response as trade talks near end, minister saysPeru sent a counterproposal to India for a free trade agreement. This deal is hoped to be signed by the year 2027. India has become Peru's ...
EU dropped aluminium scrap duty plan over India concerns, sources sayThe European Union has dropped a proposed export duty on aluminum scrap. This decision was made to avoid complicating a free trade agreemen...
Windfall tax slashed on fuel exportsNew Delhi has reduced export duties on petrol, diesel, and aviation fuel. The levy on petrol exports is now ₹1.15 per litre, a significant ...
India cuts diesel export levy to Rs 1/litre from Rs 3, windfall tax to Rs 19As of September 1, the Centre has updated the export duties levied on petroleum products. Notably, the export charge on diesel has been red...