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IMPORT DUTY
Companies upset as states delay labour codes adoptionMajor industrial states including Karnataka, Tamil Nadu, Maharashtra, Telangana, Haryana and Punjab are taking longer than expected to noti...- Export schemes extended amid West Asia crisisThe Centre extended the duty refund scheme Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central ...
- Pulses import duties may ease over poor rainsAt present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...
- Govt extends import price curbs on two pharma raw materialsThe Directorate General of Foreign Trade has announced an extension of the minimum import price validity period. This extension will apply ...
- India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...
- Happy Hours! UK trade pact brings scotch prices down in IndiaScotch prices in India have decreased significantly for the first time following the India-UK free trade agreement. Major brands like Johnn...
- Under-the-counter cash gold sales boom in India as high prices and taxes biteHigh gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save ...
- Foreign Secy Vikram Misri meets US Congressional delegation, discusses Russia Sanctions Bill and strategic tiesForeign Secretary Vikram Misri recently met a bipartisan US Congressional delegation led by Representative Brian Mast. Discussions included...
- Ministry of Finance announces revised anti-dumping duty on imports from Bangladesh and NepalThe Ministry of Finance on Friday revised its anti-dumping duty on imports from Bangladesh and Nepal. The ministry has prescribed zero duty...
- India left more exposed to Trump's 100% oil threat as China gets tariff breatherIndia could find itself more exposed to US tariff pressure over Russian oil after Washington and Beijing extended their Busan trade truce u...
- FSSAI plans to ban use of 'paneer' tag on non-dairy itemsProducts already licensed or registered under the 'analogue in dairy context' category will have to stop using 'paneer' in their product na...
- Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
- Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
- Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
- Steel prices to stay firm as tight supply, duties fuel dealer inventory build-up: Centrum reportDomestic steel prices are forecasted to remain strong in the coming months due to tight supply constraints. Dealers are actively building i...
- India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
- Incentive scheme on the cards for critical mineral recycling: G Kishan ReddyThe government is prioritizing demands from the material recycling sector and aims to fast-track reforms. A new incentive scheme for recycl...
- 'Faulty, political and ridiculous decisions': Trump hits out at US Supreme Court over tariffs, birthright citizenshipUS President Donald Trump has criticised the Supreme Court over rulings on his tariff measures and birthright citizenship policy, claiming ...
- US tariffs on India: A timeline of duties, deals and reversalsIndia and United States trade saw tariff changes since April 2025. Tariffs were imposed and later rescinded due to geopolitical events. A t...
- 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 ...
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