New Delhi [India], September 20 (ANI): The customs duty at the rate of 5 per cent shall apply on Open Cell, a key component for television manufacturing, from October 1, 2020, as the customs duty exemption given to Open Cell for a period of one year will end on September 30.
New Delhi [India], April 18 (ANI): Amid growing sentiment among companies to shift their manufacturing base from China in the wake of coronavirus epidemic, India is preparing to introduce policy changes to facilitate manufacturing in the country and attract investment.
New Delhi [India], Oct 11 (ANI): Ministry of Finance on Thursday raised the customs duty on certain products such as wireless mobiles and smartwatches by 10 per cent.
New Delhi [India], August 20 (ANI):The Central Government is exempting basic custom duty (BCD) and Integrated Goods and Service Tax (IGST) on aid and relief material being imported or dispatched to Kerala, informed Union Minister Piyush Goyal on Monday.
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