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India mulling imposition of Customs duty on masur as imported produce sells cheaper
06 Feb 2025 16:29 GMT
The Indian government is actively considering ending the duty-free import of masur (lentil) even before March 31, which is the deadline of the sop provided to importers to bolster domestic stock. The notification on the duty is likely to be issued next …
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Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman
06 Feb 2025 12:09 GMT
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Communication Modules Are Imported Independently, Not As Part Of Communication Hubs Or Smart Meters: CESTAT Quashes Customs Duty
05 Feb 2025 06:39 GMT
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that imported communication modules function independently as parts of communication hubs, classifiable under CTI 8517 70 90. The Bench of Binu Tamta (Judicial …
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Majority of parcels arriving from Asia exempt from customs duties
05 Feb 2025 03:09 GMT
… e-commerce regulations would apply customs duties to parcels under €150. … customs duties would become significantly more complicated," he said.
Customs duties … practically implemented. However, if customs duties remain unchanged, an additional charge …
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London prepares for retaliatory measures if America imposes customs duties on products
05 Feb 2025 01:33 GMT
… measures if America imposes customs duties on products
[Tue, … President Donald Trump imposes customs duties on its products. … threatened to impose customs duties on the European Union … signed executive orders imposing customs duties on goods from Canada …
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Surat businessmen arrested for Rs 5.6 crore Customs duty evasion on walnut imports
05 Feb 2025 00:39 GMT
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Titan Q3 Results: Profit drops marginally to Rs 1,047 crore, says profitability impacted due to gold custom duty change
04 Feb 2025 21:13 GMT
… impacted by the change in custom duty on gold.
CK Venkataraman, … , Titan Company, said, “The custom duty related losses on the inventory … , I propose to reduce customs duties on gold and silver to … crore. Normalizing for the custom duty impact of Rs 253 crore …
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Union Budget 2025-26: High Drug Prices Persist Despite Customs Duty Waiver, Say Bhopal Docs
03 Feb 2025 22:43 GMT
… the Centre has waived customs duty on medicines in Union Budget … Dr Narendra Gupta said, “Customs duty has been waived on imported … So, even after waiving customs duty, their cost remains in lakhs … doses) and after waiving customs duty, its cost is Rs 27 …
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India Eliminates Customs Duty on Critical Minerals to Boost Recycling and Manufacturing
03 Feb 2025 19:34 GMT
… Indian government has eliminated customs duty on critical minerals, including … In addition to eliminating customs duty on critical minerals, …
The elimination of customs duty on critical minerals … resources.
By eliminating customs duty on critical minerals, …
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Average customs duty cut to 10.65%: CBIC Chairman
03 Feb 2025 18:57 GMT
… has significantly reduced its average customs duty rate to 10.65% from … .
The government has rationalised basic customs duty rates, slashing the number of …