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VALOREM TARIFF
Supreme Court of India seeks replies on 28% IGST plea on phone batteriesThe Supreme Court is examining a customs department appeal. It seeks higher taxes on imported lithium-ion batteries for mobile phones. Manu...- India largely shielded from US tariffs on patented drugs due to generic export strength: GTRINew US tariffs on patented drugs will not significantly impact India. The country mainly exports affordable generic medicines to America. T...
- US ending certain tariff actions after Supreme Court ruling, White House saysThe White House has announced an end to certain tariff actions. This comes after the Supreme Court ruled against President Donald Trump's s...
- 2025: A defining year that reshaped global trade, policy, and capital markets2025 proved a transformative year, marked by the US's assertive 'America First' agenda and escalating global trade tariffs. India responded...
- Trump's tariffs set to hit Tirupur garment makers, Surat diamond polishers severelyIndian MSMEs, particularly in Tirupur's garment industry and Surat's diamond sector, brace for impact as the US imposes higher tariffs, pot...
- India has no basis to hit back against steel, auto tariffs: USThe US has informed the WTO that India's proposed retaliatory tariffs on American steel, aluminum, and automobiles lack a legal foundation....
- India proposes retaliatory tariffs against US’ auto duties at WTOIndia has proposed retaliatory tariffs against the United States. This action is under World Trade Organisation norms. It responds to Ameri...
- India takes US to WTO on steel, aluminium tariffsIndia has initiated consultations with the US under the WTO's safeguard agreement due to American tariffs on steel and aluminium. The US im...
- Trump's tariffs: US consumers to pay the price as recession risks rise, says Fitch RatingsFitch Ratings warns that reciprocal tariffs imposed by the US could lead to higher consumer prices, lower corporate profits, and increased ...
- US tariffs may lead to dumping by competing countries in India: CareEdgeCareEdge Ratings warns that high reciprocal U.S. tariffs on competing nations could lead to increased dumping of goods into India, potentia...
- US tariffs will depend on the type of goods and country of origin: GTRIThe new U.S. trade policy sets tariffs based on product type and origin. Essential goods like pharmaceuticals and energy products face zero...
- India-EU talks may focus on easing quality control, energy cooperationThe EU seeks to ease India's stringent quality control orders while India aims to maintain a cooperative stance on energy and raw materials...
- India, China seek simpler farm tariff normsBound tariffs are the ceiling rates beyond which countries cannot raise duties. “Simplification of tariffs is something that we have consis...
- States to get more royalty on coal: Common man to pay more for power?An analyst with a leading research firm said higher royalty means higher coal prices, which will trickle down from power companies to commo...
- CCEA to consider new royalty regime for coal, ligniteThe Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite.
- SAARC Summit concludes with pacts on regional cooperationSAARC Summit today reached a series of agreements on regional cooperation and decided to consider reducing non-tariff barriers.
- G-20 tells rich nations to cut farm subsidyThe powerful G-20 group of developing countries such as India, China and Brazil has stepped up pressure on developed nations like the US to...
- Power tariff may heat up with shift in coal royaltyPower tariffs are likely to go up further as the government is planning to revise royalty rates on coal, shifting it from the current speci...
- Asean wants 600 items in free trade negative listAsean has come up with a composite negative list of 600 products for the proposed Indo-Asean free trade agreement.
- Petro ministry, oil cos hit out at Kelkar's tariff planThe tariff recommendations by the Kelkar Committee on indirect taxes are facing stiff opposition from both the petroleum ministry and the o...
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