Search For "customs duty"
Delhi HC to hear plea seeking tax exemption for machines manufacturing fac
Updated : 5 years, 10 months ago IST
New Delhi [India], May 10 (ANI): The Delhi High Court on Monday will hear a petition seeking an exemption of taxes on manufacturing machines for producing high-quality face masks and personal protective equipment (PPE) kits.
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Budget 2020: Customs duty slashed on imported newsprint
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The central government on Saturday announced the reduction in basic customs duty on imports of newsprint and light-weight coated paper from 10 per cent to 5 per cent in the Union Budget for FY2020-21.
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Customs duty on footwear, furniture increased
Updated : 6 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Union Finance Minister Nirmala Sitharaman on Saturday proposed to raise customs duty on items like footwear and furniture in her Budget speech.
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DRI arrests director of Kolkata-based firm for evasion of customs duty
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): The Delhi Unit of Directorate of Revenue Intelligence (DRI) arrested Director of a Kolkata-based firm in connection with the alleged evasion of Customs duty of Rs 4.5 crore on import of Chinese-origin mobile phones and laptops.
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Indian jewellery demand of 101.6 tonnes in Q3 one-third lower y-o-y: WGC
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 5 (ANI): Gold jewellery demand in India fell to 101.6 tonnes during July to September, down 32 per cent from 148.8 tonnes in the same period of last year, the World Gold Council said on Tuesday.
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Customs duty on Malaysian import increased by 5 percent
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 26 (ANI): The central government on Monday increased the rate of customs duty on imports of subject goods from Malaysia by five per cent in a bid to safeguard the interests of the domestic industry.
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Domestic manufacturers seeking policy intervention based on flawed data in
Updated : 6 years, 8 months ago IST
New Delhi [India] July 17 (ANI/NewsVoir): Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies with large footprint in manufacturing, R&D and training in India, today said the growth in imports of medical devices is being purpos
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Petrol, diesel, gold to become costlier; Budget to boost infra spending
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI):Hike in excise duty and infrastructure cess on petrol and diesel by Re 1 a litre each and customs duty on gold and other precious metals and a raise in the surcharge on super-rich individuals were announced in the Union Budget for 2019-20 that seeks to make In
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Exemption from customs duty will augment defence budget: Defence Minister
Updated : 6 years, 8 months ago IST
New Delhi [India], July 05 (ANI): Exemption from basic customs duty on import of defence equipment not manufactured in India will augment defence budget with over Rs 25000 crores over the next five years, said Defence Minister Rajnath Singh on Friday.
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Defence equipment not manufactured in India exempted from basic customs, s
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday announced that the import of defence equipment that are not being manufactured in India are being exempted from basic customs duty.
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200 pc hike in customs duty on Pak goods will be ‘half-effective’ if illeg
Updated : 7 years ago IST
Amritsar (Punjab) [India], Feb 17 (ANI): IFCC, a body of businessmen doing trade with Pakistan, is not sure if the Centre’s decision to hike basic customs duty on all goods imported from Pakistan to 200 per cent will be so effective.
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After withdrawal of MFN status, India hikes customs duty on all Pak goods
Updated : 7 years ago IST
New Delhi [India], Feb 16 (ANI): India on Saturday hiked basic customs duty on all goods imported from Pakistan to 200 per cent in the wake of Pulwama terror attack.
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