Search For "customs duty"
Budget shines bright for lab grown diamonds
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 4 (ANI/PRNewswire): As part of the Union Budget, Finance Minister Nirmala Sitharaman announced several initiatives for the lab grown diamond industry. R&D grants will be provided to one of the IITs to encourage indigenous production of lab grown dia
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Budget 2023: Goods that will become cheaper and costlier; here's the list
Updated : 3 years, 1 month ago IST
As the Union Budget for the financial year was presented, goods like camera lenses and mobile phones will become cheaper, while goods like electric kitchen chimneys and articles of gold and platinum will become costlier.
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Govt proposes to cut customs duty on goods to 13 pc from 21 pc
Updated : 3 years, 1 month ago IST
In a blow to cigarette-manufacturing companies like ITC, the government has decided to hike National Calamity Contingent Duty (NCCD) on specified cigarettes by about 16 per cent.
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Mamata Banerjee urges PM Modi to exempt customs duty on 'Gobindobhog' rice
Updated : 3 years, 4 months ago IST
West Bengal Chief Minister Mamata Banerjee said Central government has imposed a 20 per cent customs duty on Gobindobhog rice.
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Govt detects tax evasion of Rs 2,217 crore by Vivo Mobile India
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): The Directorate of Revenue Intelligence (DRI) has detected customs duty evasion of around Rs 2,217 crore by Chinese firm Vivo Mobile India, according to an official statement released on Wednesday.
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DRI unearths customs duty evasion worth Rs 4,389 cr by Oppo India
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): The Directorate of Revenue Intelligence (DRI) conducted searches at the office premises of Oppo India and residences of its key management employees, which led to the recovery of incriminating evidence indicating wilful misdeclaration in the description of c
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Gold duty hike aims to discourage high imports, says Finance Minister Sith
Updated : 3 years, 8 months ago IST
New Delhi [India], July 1 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the customs duty on gold has been increased to discourage the high import of gold.
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Centre allows duty free import of 20 Lakh MT crude soyabean, sunflower oil
Updated : 3 years, 9 months ago IST
New Delhi [India], May 25 (ANI): To provide required relief to consumers, the Central Government on Tuesday exempted customs duty and agriculture infrastructure development cess on 20 Lakh metric tonnes yearly import of crude soyabean and sunflower oil.
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First shipment under India-UAE CEPA flags off from New Delhi for Dubai
Updated : 3 years, 10 months ago IST
New Delhi [India], May 1 (ANI): The historic India-UAE Comprehensive Economic Partnership Agreement (CEPA) which was signed between the two nations on February 18, officially entered into force and the first consignment of goods has been flagged off from New Delhi, which will now attract
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India's textile export could touch USD 60 billion due to the exemption of
Updated : 3 years, 11 months ago IST
New Delhi [India] April 18 (ANI/PNN): The Home Textile Exporters Welfare Association (HEWA) claimed in a statement that India's annual textile export in the fiscal year 2023 is anticipated to reach USD 60 billion, with the government fully exempting imports of cotton from customs duties till
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Government exempts customs duty on cotton imports till Sept 30
Updated : 3 years, 11 months ago IST
New Delhi [India], April 15 (ANI): The Government has decided to exempt all customs duty on the import of cotton in order to provide relief to the textiles industry, the Ministry of Textiles said on Thursday.
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Centre waives off customs duty on cotton imports till Sept 30
Updated : 3 years, 11 months ago IST
New Delhi [India], April 14 (ANI): The Central government has waived off all customs duties on cotton imports till September 30, 2022, to boost the textile exports.
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