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REFUND CUSTOMS DUTY
Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...- Customer wins Rs 15,000 compensation after restaurant collects Rs 151 service charge as ‘staff contribution’; Consumer Commission orderA man has won Rs 15,000 compensation after a Jalandhar restaurant charged him Rs 151.53 as service charge. The Consumer Commission ruled th...
- Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
- Maine sex scandal, Trump's sway: What to watch in Tuesday's US primariesVoters in Maine, South Carolina, Nevada, and North Dakota cast ballots today. Key races include a Democratic Senate primary in Maine where ...
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- US govt appeals judge's order for tariff refundsThe Trump administration is appealing a court order for refunds of global tariffs. These tariffs were previously invalidated by the Supreme...
- Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
- US says $20.6 billion of tariff refunds on the way to importersUS Customs and Border Protection is sending $20.6 billion to importers. This follows a correction to a previous report that overstated refu...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- AI use cases may lead to Rs 100 crore savings for Air IndiaAir India is leveraging AI extensively, developing over 30 in-house tools to save approximately Rs 100 crore annually. These AI application...
- Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
- Trump tariff refund checks begin disbursing this week — who qualifies and why are millions excluded from payouts?Trump tariff refunds begin disbursing this week after the Supreme Court voided IEEPA-based tariffs, leaving the U.S. government liable for ...
- Return-to-origin shipments, not customer returns, are India's biggest e-commerce margin problem, says Blue DartReverse logistics is evolving from a cost centre into a strategic driver of customer trust, retention and margin protection in India’s fast...
- India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%April saw India's Goods and Services Tax collections soar to an impressive Rs 2.42 lakh crore, showcasing an 8.7% growth from the previous ...
- Skydo enables Indian exporters to unlock over $150M in US tariff refundsSkydo and Intoglo simplify access to tariff refunds owed to exporters under IEEPA by US Customs.
- Trump's $166 billion tariff refunds may finally be in sight as first payouts expected by May 11The Trump administration is set to issue its first tariff refunds around May 11, following the Supreme Court's ruling that the sweeping dut...
- Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exportsNew Delhi has clarified a key point for exporters. Goods moved from SEZ units to the domestic market, after paying duties, will now be cons...
- Trump tariff refunds begin today: Gokaldas Exports, Avanti Feeds, other textile and shrimp stocks rally up to 7%Export-oriented shrimp and textile stocks rallied up to 7% on Tuesday after the US began rolling out refunds for tariffs imposed during Don...
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