India banned the export of onions effective December 8 to make the essential kitchen staple cheaper for domestic consumers. This has led to...

The government offers several fiscal and financial incentives, including customs duty concessions, on certain components of wind-driven gen...

The authorities said the consignments had been held on the grounds of misdeclaration of the port of origin as the United Arab Emirates (UAE...

The ED said besides "mis-declarations" in remittances, Zavareh Poonawalla and his family members also "wrongly" claimed these investments a...

The government announced the new FTP on March 31. It included an amnesty scheme for exporters for one-time settlement of default in export ...

The articles were concealed in a consignment of garment accessories and ladies footwear having a declared value of Rs 1.5 crore, he said. A...

“During the course of investigation, searches were conducted by DRI officers at the factory premises of M/s Vivo India, which led to the re...

According to a PIB press release, during the course of investigation, searches were conducted by DRI at the office premises of Oppo India a...

AliExpress, which ships individual packages, had managed to keep a low profile despite allegedly using similar tactics.

The Directorate of Revenue Intelligence (DRI) official said there is information to suggest that smugglers may under-value or mis-declare t...

One, a Diamond Trading Company sightholder, has cash flows troubles and is highly leveraged . The other has reportedly misdeclared imports ...

FICCI CASCADE, said the seizure value for misdeclaration of goods stood at Rs 1,187 crore in 2016, while that of undervaluation of goods st...

In a bid to reduce harassment of overseas travellers, the government today eased the penal provisions by raising fourfold to Rs 20 lakh the...

The Finance Ministry has detected customs and excise duty evasion of at least Rs 1,000 crore between January and July.

As many as 434 cases involving duty evasion of Rs 724.46 crore were registered by the agency during 2007-08 as against 391 cases in 2009-10.

Import or export of goods prohibited under the Customs Act as well as misdeclaration are set to become punishable offences.

The Customs department has clarified that self-certification of export shipments would be allowed though certain changes have been made in ...