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EXPORT DUTY WAIVER
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...- Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on MondayTextile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton impo...
- Govt exempts customs duty on cotton imports for five monthsThe government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- India’s pharma exports stay resilient amid global headwinds, near $29 billion markIndian pharmaceutical exports are performing strongly. Shipments neared $29 billion by February this financial year. This growth continues ...
- Textile exporters urge govt to waive cotton import dutyIndian textile and garment exporters are calling for the removal of an 11% import duty on cotton. Domestic cotton prices have surged, impac...
- Indian pharma sector faces supply risk amid West Asia conflict despite duty waiverIndia's pharmaceutical industry faces ongoing concerns about securing essential petrochemical supplies due to the West Asia conflict. While...
- Govt waives duty on export of 1,000 tonnes of kalanamak riceThe government lifted duty on Kalanamak rice, facilitating up to 1,000 tonnes exports via specified customs stations. This waiver, effectiv...
- CBIC extends interest waiver on customs duty payable via ECL till April 13The Central Board of Indirect Taxes and Customs (CBIC) has extended the interest waiver on customs duty payments made through the Electroni...
- Budget 2023: Exporters demand support measures to boost India's shipmentsIndian exporters have asked for inclusion of support measures like waiver of electricity duty and easier availability of credit in the upco...
- India's steel ministry seeks import tax waiver for coking coal- SourcesThe proposal to scrap levies ranging from 2.5% to 7.5% in the world's second biggest producer of crude steel comes ahead of the national bu...
- Steel ministry backs industry's demand for export duty waiver on earlier ordersThis comes after a new 15% export duty was levied on the export of several key categories of steel to control rising prices of the alloy in...
- Maharashtra: Gems, jewellery manufacturing activities exempted from emergency measuresIn a virtual meeting with the gems and jewellery manufacturers and exporters on Friday, Maharashtra Chief Minister Uddhav Thackeray said ma...
- High import duty on bullion leads to malpracticesTop trade associations of the country have now brought this to the finance ministry's notice while calling for a rationalisation of the 10 ...
- Duty waiver for NMDC in limboThe steel and commerce ministries have crossed swords over public sector mining company NMDC’s request for a waiver of export duty on its l...
- Export ban may prove blessing in disguise for sugar industryThe recent ban on export of sugar could turn into a Rs 1,700-crore bonanza for the sugar industry.
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