New Delhi [India], April 24 (ANI): Amid the intensifying COVID situation in the country, the Central Board of Indirect Taxes and Customs on Saturday issued a notification exempting Customs duty on medical-grade oxygen, oxygen related equipment and COVID-19 vaccines till July 31, 2021.
New Delhi [India], April 24 (ANI): Prime Minister Narendra Modi on Saturday chaired a meeting to review steps taken to boost oxygen availability in the country in view of surge in COVID-19 cases and emphasized that there was an immediate need to augment the supply of medical grade oxygen
New Delhi [India], April 21 (ANI): The import of Remdesivir Active Pharmaceutical Ingredients (API), injections and specific inputs have been made import duty free till October 31 amid the ongoing surge in COVID-19 cases in the country.
New Delhi [India], Mar 13 (ANI): The imposition of 40 per cent basic customs duty (BCD) on solar modules is expected to increase capital cost of a solar power plant by 23 to 24 per cent as modules form about 55 per cent of the overall capital cost, according to investment information firm IC
Mumbai (Maharashtra) [India], February 5 (ANI): Six persons have been arrested by the Directorate of Revenue Intelligence (DRI) for allegedly undervaluing imported goods from China and evading custom duty to the tune of Rs 145 crore.
New Delhi [India], February 3 (ANI): Agriculture Infrastructure and Development Cess (AIDC), a new cess announced in union budget 2020-21 will not lead to increase in the price of alcoholic beverages, Finance Secretary Ajay Bhushan Pandey said on Wednesday.
New Delhi [India], February 1 (ANI): Finance Minister Nirmala Sitharaman on Monday announced that the government would rationalise the customs duty on gold and silver in order to bring down the high prices.
New Delhi [India], January 27 (ANI): Union Finance Minister Nirmala Sitharaman will present the Narendra Modi led NDA government's eighth budget amid the Covid-19 pandemic and under the unprecedented economic crisis triggered by it. This time, the Central Government may increase the custo
Stockholm [Sweden], December 29 (ANI): A small, rusted metal bowl (called a katori in Hindi), two wooden spoons and a wooden fork -- once used by Mahatma Gandhi -- would be sold at an auction in Bristol, United Kingdom, on January 10 at an opening price of GBP 55,000 which, after adding auct
New Delhi [India], October 2 (ANI): The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged Union Commerce and Industry Minister Piyush Goyal to ignore a proposal relating to reduction in basic customs duty on alcoholic beverages imported from the United Kingdom.
Peshawar [Pakistan], September 29 (ANI): Pashtuns have been protesting against the Pakistani government for harassing them by introducing customs duty at Angoor Adda crossing point on Durand Line.
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.