Indian authorities are investigating Adani Defence, a unit of Adani Enterprises, for allegedly evading $9 million in import taxes on compon...

The Finance Ministry has launched a detailed inquiry into corruption allegations against Chennai Customs by Wintrack Inc., an import compan...

Seven Samsung India executives are contesting penalties linked to a $601 million tax demand. They argue against the severity of the alleged...

Samsung is contesting a substantial tax demand in India. The company is accused of misclassifying imported networking equipment. Samsung ar...

Indian tax authorities have accused Volkswagen of evading $1.4 billion in taxes by misclassifying car imports for 12 years. The court battl...

Kia is challenging a $14 million Indian tax demand over claims it wrongly used free trade agreements for lower tariffs on electronic car pa...

The Directorate of Revenue Intelligence (DRI) conducted a search operation at the corporate office of Havells India, a major electrical goo...

The Comptroller & Auditor General of India, Girish Chandra Murmu, has advised states to meet their capital expenditure from their own reven...

The commerce and industry ministry is drawing up the FTP 2021-26, which is likely to be released on April 1 and is expected to have separat...

The Directorate General of Foreign Trade (DGFT) also asked traders to suggest appropriate HS codes for products imported by them which do n...

The Food Security Act (FSA) proposes to cover up to 75 per cent of the rural population and up to 50 per cent of the urban population.

As per DRI officials, tax recovery from all coal importers in the state has begun and over Rs 100 crore has been realised so far.

Proposed measures in the union budget for 2013-14 coupled with rise in railway freight will result in higher electricity tariff for the end...

New duty structure on coal imports to help coastal thermal power plants only. To rise generation costs and pooling price.

With fears of tightening liquidity for US dollars in the international markets, importers — mainly oil companies — rushed to raise funds, a...

Official auditor CAG on Friday said the government has lost Rs 586 crore in excise and custom duties and service tax in financial year 2009...

The government has initiated consultations with industry stakeholders to formulate a policy on import of re-manufactured goods as well as s...