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SEPARATE TARIFF CODES
Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...- HSN classification muddle raises costs for battery storage sectorThe industry has sought separate HSN codes, an approved manufacturer list and tighter local content norms, along with clarity on customs du...
- GAIL moves court against PNGRB over unbundling planGAIL has taken its dispute with the Petroleum and Natural Gas Regulatory Board to the Delhi High Court. The regulator wants to separate gas...
- After tariff wars, Trump is opening a new front in US-China rivalryThe US accuses China of stealing AI intellectual property, escalating the tech rivalry beyond tariffs. This move, potentially impacting chi...
- Seoul to Delhi, Asia’s new economic axisSouth Korean President Lee Jae-myung's visit to India is a crucial moment. The two nations can build a strong strategic economic partnershi...
- Seoul to Delhi, Asia’s new economic axisSouth Korean President Lee Jae-myung's visit to India arrives at a critical juncture for global economic stability. The two Asian powers ar...
- EUDR, ecomm for exports discussed at first textile task force meetThe Task Force on Textiles Exports convened its first meeting, addressing critical issues to boost India's textile exports. Discussions enc...
- DGFT notification on precious metal trade ensures consistency between customs duties and import regulations: GTRIThe DGFT has issued a notification aligning import regulations with the Union Budget 2025, targeting precious metals. This aims to eliminat...
- Dubai Gold can come only through agencies nominated under CEPAIndia has restricted gold and silver imports in specific forms to curb misuse of the India-UAE CEPA. The move, following a Budget FY26 anno...
- No import restrictions on certain IT products like desktop computers: DGFTIn August 2023, the government imposed restrictions on certain IT hardware goods and later after domestic and foreign firms flagged their c...
- Government cracks the code to track recycled textiles tradeThe textiles ministry has kick-started the process to create separate tariff codes - called HSN (harmonised system of nomenclature) codes i...
- GST Council cedes right to levy tax on distilled alcohol to statesFinance Minister Nirmala Sitharaman said that Allahabad High Court had ruled that states have no power to impose tax on Extra Neutral Alcoh...
- New Foreign Trade Policy likely to include a chapter on ecommerce exportsThe 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...
- Keep customer’s SIM inactive by default abroad: Trai to telcosTrai, however, refrained from intervening in the tariff structure of international mobile roaming (IMR) services, saying operators already ...
- High duty on non-categorised imports: Piyush GoyalCommerce and industry minister Piyush Goyal has warned against imports under the 'others' category and said that within a month, high duty ...
- Govt will put restrictions on imports of products under 'others' category: Piyush GoyalIn trade parlance, every product is categorised under an HSN code (Harmonised System of Nomenclature).It helps in systematic classification...
- Piyush Goyal to discuss GSP, market access in US TalksOfficials said the American industry is hurting with the withdrawal of preferential benefits to $6.3 billion of Indian exports.
- Indian Oil says no to unified tariffs for gas transmissionGAIL has argued that unified tariff will help develop local gas market as it will encourage those located in distant locations to consume g...
- Power tariff hike put off in poll-bound KarnatakaWith Karnataka heading for the May 5 Assembly polls, the state power regulator withholds its tariff order proposing sharp hike.
- Scotch Association: It’s time to say cheersThe influential Scotch Whisky Association (SWA) is open to welcoming Vijay Mallya into the fold, but “will not give him a free ride.
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