Search For "customs duty"
The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Full budget to look at any change in customs duty, Rs 1.83 lakh crore aver
Updated : 2 years, 1 month ago IST
Emphasising "certainty and stability" in the tax structure, Revenue Secretary Sanjay Malhotra has said that any change in customs duty can be looked at in the full budget to be presented after the Lok Sabha polls and that the government is aiming Rs 1.83 lakh crore GST collection per mont
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Ashwini Vaishnaw lauds Centre's decision slashing import duty on goods req
Updated : 2 years, 1 month ago IST
Union Minister for Communications, Electronics & Information Technology Ashwini Vaishnaw on Wednesday lauded the Government's decision to reduce customs duty on goods used in the production of mobile phones from 15 to 10 per cent.
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Indian toy industry witnesses 239 per cent increase in exports: IIM Luckno
Updated : 2 years, 2 months ago IST
The study indicates a notable decline of 52 per cent in toy imports and an impressive surge of 239 per cent in toy exports compared to the fiscal year 2014-15.
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As Oppn slams decision to cut import duty on apples from US, Centre says w
Updated : 2 years, 6 months ago IST
As the Centre decided to reduce customs duty on apples imported from the US, the opposition parties including Congress slammed the government saying that the decision would impact Indian farmers, while the government reiterated that this would bring no "negative" impact.
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Removal of additional custom duty on apples will not impact local players:
Updated : 2 years, 6 months ago IST
Amid the uproar over the removal of customs duty on apples imported from the US, the Commerce Ministry has clarified that the decision would not impact local players.
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“Who should be helped..farmers here or in US”: Priyanka Gandhi slams Centr
Updated : 2 years, 6 months ago IST
Congress leader Priyanka Gandhi Vadra on Tuesday slammed the Centre over its decision to reduce customs duty on apples imported from the US, saying it will make import of American apples easier and the move has come at a time when apple growers were facing problems
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Foreign betel nut smuggling: ED arrests Nagpur man on money laundering cha
Updated : 2 years, 8 months ago IST
The Directorate of Enforcement (ED) has arrested a Nagpur man in connection with its money laundering investigation linked to a case of smuggling of foreign betel nuts through the India-Myanmar border by evading customs duty, officials said on Friday.
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India cuts import duty on refined soy, sunflower oils
Updated : 2 years, 9 months ago IST
India has reduced customs duty on imports of refined soyabean oil and refined sunflower oil to 12.5 per cent from 17.5 per cent, according to an official notification.
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CBI books two IRS officers of Mumbai Customs in corruption case
Updated : 2 years, 9 months ago IST
The Central Bureau of Investigation (CBI) has registered two seperate cases two deputy commissioners of Mumbai Customs and two clearing agents for allegedly clearing goods without payment of proper customs duty.
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Govt exempts duty on import of crude soyabean oil, sunflower seed oil
Updated : 2 years, 10 months ago IST
The nil customs rate will be applicable from May 11 till June 30.
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Govt exempts import duty on drugs used for treatment of rare diseases
Updated : 2 years, 11 months ago IST
The central has fully exempted basic customs duty on the import of all drugs and food for special medical purposes and for personal use for the treatment of rare diseases.
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