Search For "customs duty"
Finance Ministry highlights basic custom duty rates on Interactive Flat Pa
Updated : 1 month, 2 weeks ago IST
Before the new Budget for the country is announced on Feb 1, the Ministry of Finance took to X to highlight the prior customs duty rates announced. During the previous Budget sessions, in a decisive move to solidify India's position as a global electronics hub and to promote domestic manu
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Delhi Police bust fake Instagram iPhone selling gang, mastermind arrested
Updated : 4 months, 2 weeks ago IST
Aman and his associates used to create fake Instagram pages and present themselves as Apple product resellers. They lured people by offering heavy discounts and gained their trust by showing fake customer chats and photos. Once a customer contacted them, they would send a UPI QR code for
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31 customs notifications consolidated into 1 to enhance Ease of Doing Busi
Updated : 4 months, 2 weeks ago IST
In a step towards simplification, transparency, and enhancing Ease Of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) consolidated 31 separate Customs Duty notifications into a single comprehensive document.
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India lifts temporary suspension on postal services to US, to resume from
Updated : 5 months ago IST
In an official release, the Department of Posts of the Ministry of Communications said that the move follows the successful implementation of a new Delivery Duty Paid (DDP) mechanism to comply with updated regulations issued by US Customs and Border Protection (CBP).
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US poised to gain most from India's raw cotton import duty waiver: GTRI
Updated : 6 months, 2 weeks ago IST
The United States (US) will emerge as the biggest beneficiary of the complete waiver of customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of raw cotton, which was announced by the Centre this month, said Global Trade Research Initiative (GTRI) in a latest
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Govt waives customs duty on cotton Imports till September 30
Updated : 6 months, 3 weeks ago IST
In a major relief to the textile and garment industry, the Central Government on Monday announced a complete waiver of customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of raw cotton.
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"Unlawful imposition": BJP spokesperson ANS Prasad slams Trump for doublin
Updated : 7 months, 1 week ago IST
"The audacious and unlawful imposition of a 50 per cent customs duty on India by the United States, under President Donald Trump's erratic leadership, marks the onset of America's self-inflicted economic and geopolitical decline. Far from weakening India, this reckless tariff will deliver a
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If Centre did not debate customs duty, Tesla showroom would have opened in
Updated : 8 months ago IST
Shiv Sena (UBT) leader Aaditya Thackeray on Tuesday claimed that if the Centre had not debated on customs duties, the Tesla showroom in Mumbai would have opened in 2021.
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Duty reduction on crude edible oils beneficial for both refiners, consumer
Updated : 8 months, 3 weeks ago IST
On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm Oil (CPO), Crude Soybean Oil, and Crude Sunflower Oil -- lowering it from 20 per cent to 10 per cent.
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"Sent to lap of China": BJP's Nishikant Dubey 'blames' Congress for overth
Updated : 9 months ago IST
"Entry of any non-Muslim is prohibited in Mecca Masjid or city, similarly entry of non-Hindus is prohibited in Pashupatinath temple of Nepal, In 1988, the then Prime Minister Rajiv Gandhi went to Nepal, he wanted to visit the temple, but the temple management refused. India increased customs
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Customs duty cuts, levy withdrawals an ongoing process, not linked to glob
Updated : 11 months, 3 weeks ago IST
Finance Minister Nirmala Sitharaman on Thursday said the ongoing process of rationalizing customs duties and withdrawing the 6 per cent equalization levy, which began in 2023, is independent of any global events and will continue.
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Budget provisions will boost technical textile market which stands at USD
Updated : 1 year, 1 month ago IST
The technical textiles market in India, worth USD 29 billion in 2023-24, is set for significant expansion, fuelled by Budget 2025's increase in Basic Customs Duty (BCD) on knitted fabrics and tax breaks for textile machinery, according to Rubix Data Sciences, an analytics services provider.
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