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TARIFF EVASION
Why haven't Trump's tariffs had a bigger impact?Despite President Trump's announcement of high tariffs, actual import taxes paid by U.S. companies were significantly lower due to exemptio...
Why haven't Trump's tariffs had a bigger impact?America's import taxes were high last year. However, actual rates paid were much lower than announced. This was due to exemptions for some ...
US trans-shipment tariffs risk to chips, machinery, electrical equipment across ASEAN, India, Mexico: Moody’s RatingsNew US tariffs target goods rerouted through ASEAN region, India ans Mexico. Sectors like electronics and machinery face risks in ASEAN, In...
Waaree Energies to 'cooperate' with US authorities in solar duty evasion probeWaaree Energies faces US scrutiny over alleged tariff evasion, with concerns raised about mislabeling Chinese-made solar products as Indian...
Waaree Energies shares drop 5% after US customs probe into alleged tariff evasionWaaree Energies' shares declined following a U.S. customs investigation into potential tariff evasion. The probe centers on allegations tha...
US probes Waaree Energies for possible evasion of solar tariffsUS customs is investigating Waaree Energies. The Indian solar company is suspected of avoiding US tariffs. It allegedly mislabeled Chinese-...
Trump targets tariff evasion, with eye on ChinaDonald Trump's administration is increasing tariffs on goods routed through third countries. This targets potential tariff evasion, especia...
Trump's 40% tariff evasion penalty lacks key detailsThat penalty was included in the White House announcement Thursday evening that laid out global tariff rates from 10% to 41%. But many coun...
US targets attempts to dodge Trump tariffs with China in crosshairsDonald Trump's government increases tariff threats. It targets Chinese firms allegedly avoiding duties via third countries. This is called ...
Mark Cuban sounds alarm on Donald Trump's tariff fallout, says economy could tank harder than 2008 if DOGE keeps cutting and firingMark Cuban is sounding the alarm on the U.S. economy, warning that President Trump's escalating tariffs and deep government cuts could lead...
This is the reason why US President Donald Trump has imposed tariffs on even uninhabited islandsCommerce Secretary Howard Lutnick defended tariffs on remote islands populated only by penguins. He said no country or territory is exempt,...
US-China trade war escalation may help Indian exports: GTRIEscalating US-China trade tensions could boost India's exports and attract American investments, as new US Senate bills may shift productio...
Biden's new China tariff wall faces leakage via Mexico, VietnamU.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly processed Chinese goods from Mexico and...
GST evasion: Taxmen using data analytics to identify 'missing link' in supply chainThe modus operandi adopted by fraudsters included short payment of tax by undervaluing taxable goods and services, wrong availment of exemp...
Supreme Court agrees to list for hearing PIL alleging duty evasion in exporting iron ore as pelletsA bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli took note of the submissions of a lawyer who has filed ...
SC seeks reply from Centre, 61 firms on PIL alleging duty evasion in iron ore exports to ChinaA bench headed by Chief Justice S A Bobde took note of the submissions of lawyer and PIL petitioner M L Sharma that the companies be prosec...
States not in favour of petrol, diesel inclusion into GST: FMThe five petroleum items have been kept out of GST as they are considered cash cows, giving both the Centre and states bulk of their tax re...
FM Arun Jaitley for more global cooperation to check tax evasion, smugglingJaitley called upon revenue intelligence officials to increase the use of technology to check financial malpractices.
Finance Ministry detects tax evasion of over Rs 4,500 croreOut of the total Rs 4,744.92 cr of indirect tax evasion detected during Apr and December last year, officials made a recovery of Rs 531 cro...
- China may appeal WTO car parts ruling: govt
China said it reserved the right to appeal a World Trade Organisation ruling against it on imported car part tariffs.