Search For "custom duties"
India has potential to be a leader in bio-medicine: ICMR DG Rajiv Bahl hai
Updated : 3 months, 3 weeks ago IST
Apart from the increased allocation, the central drug regulator has been strenghtened, a plan for building over 1,000 medical trial sites has been announced, and cancer medicines have been exempted from custom duties.
Read More
"Reforms in custom duties will support domestic manufacturing": Finance Mi
Updated : 1 year, 10 months ago IST
In her budget speech in Parliament today, Finance Minister Nirmala Sitharaman said that the budget proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation while keeping the interests of the gene
Read More
"No new custom duties to help imports...India trying to integrate in globa
Updated : 2 years, 3 months ago IST
India is trying to integrate itself into global supply chains and Finance Minister Nirmala Sitharaman not announcing change in customs duties "is very warmly welcomed", said an expert who has been working on US-India relations for over 25 years
Read More
ED attaches immovable properties worth Rs 24 lakh in undervaluation case
Updated : 3 years, 4 months ago IST
Directorate of Enforcement (ED) has provisionally attached immovable properties worth of Rs 24.13 lakh owned by M Hari Babu, Proprietor of Bhavani Diamond Tools in the case of 'undervaluation and subsequent short payment of Customs duties'.
Read More
Centre reduces standard rate of duty on edible oils
Updated : 4 years, 8 months ago IST
New Delhi [India], September 12 (ANI): The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to ensure the availability of edible oil to consumers at fair prices.
Read More
Customs exemption to help defence forces save Rs 25,000 crore over 5 yrs:
Updated : 6 years, 10 months ago IST
New Delhi (India), Jul 5 (ANI) Finance Minister Nirmala Sitharaman enhanced the defence budget marginally but exempted defence imports from custom duties which will help the services save around Rs 25,000 crore over five years.
Read More
Rise in import duties on medical devices to increase healthcare cost for p
Updated : 8 years, 3 months ago IST
New Delhi [India], January 30 (ANI-Newsvoir): Once again we hear that custom duty may be hiked on some medical devices. Last time this happened was in 2016. The custom duties on medical devices and equipment were increased almost across the board by 7.3 percent. Since, most of the items a
Read More