Search For "import duty"
Edible oil industry seeks higher duty difference between crude, refined pa
Updated : 3 years, 3 months ago IST
India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports.
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Kerala becomes first state to introduce uniform gold price based on bank r
Updated : 3 years, 4 months ago IST
Kozhikode (Kerala) [India], November 5 (ANI/NewsVoir): Kerala becomes the first state in India to launch uniform gold price based on the bank rate. The decision to introduce uniform price on 916 purity 22 carat gold has been taken at a meeting between officials of Malabar Gold and Diamonds,
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Govt raises import duty on platinum to 15.4 per cent
Updated : 3 years, 5 months ago IST
New Delhi [India], October 4 (ANI): India has raised total import duty on platinum to 15.4 per cent from 10.75 per cent, the government said in a notification on Monday, seeking to bring parity in import duty structure between gold and platinum.
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Indian Textile Industry to expand In 5 To 7 years to USD 250 Billion &
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI/PNN): Upendra Prasad Singh, Textile Secretary, stated that the government is looking at value-added exports like fabrics, made-ups & home textiles as exports of raw materials may not rise further due to increasing local demand.
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International gold prices expected to remain steady in near-term: Report
Updated : 3 years, 7 months ago IST
New Delhi [India], August 1 (ANI): International gold prices are hovering near the USD 1,700-1,760 level per ounce and are expected to trade steady in the coming weeks, a report said on Monday.
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Gold prices in India rise further after hike in import duty
Updated : 3 years, 8 months ago IST
New Delhi [India], July 4 (ANI): Gold prices in India extended their gains from the previous week as the Centre raised the import duty on the yellow metal, a measure to disincentivize the imports amidst the widening trade deficit. The Centre has raised the basic import duty on the gold from
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India raises import duty on gold
Updated : 3 years, 8 months ago IST
New Delhi [India], July 1 (ANI): The Centre has raised the import duty on gold from 7.5 per cent to 12.5 per cent, as per an official gazette notification.
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MP Ministerial group agrees to reduce import duty on wine, beer
Updated : 3 years, 9 months ago IST
Bhopal (Madhya Pradesh) [India], May 26 (ANI): Madhya Pradesh Home Minister Narottam Mishra on Thursday said a group of ministers (GoM) in the state government has given consent to reduce the import duty on beer and wine in the state.
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Foundry Industry hails reduction in import duty on raw material for Steel
Updated : 3 years, 9 months ago IST
Kolkata (West Bengal) [India] May 25 (ANI/ NewsVoir): The Institute of Indian Foundrymen says the move, coupled with the levy of export duty on iron ore and steel intermediates, will help in improving availability and usher in price stability.
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TEXPROCIL welcomes removal of import duty on cotton
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 18 (ANI/PNN): The Government has permitted duty-free imports of cotton for the period April 14 - September 30, 2022 vide a notification issued on April 13 by the Ministry of Finance.
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Apparel Export Promotion Council urges government to remove import duty on
Updated : 4 years, 1 month ago IST
New Delhi [India], January 28 (ANI): The Apparel Export Promotion Council (AEPC) has urged the government to remove import duty on cotton for boosting apparel exports, as one of its key Budget recommendations for promoting the Indian apparel industry.
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Centre directs states to reduce prices of Edible Oils post import duty red
Updated : 4 years, 5 months ago IST
New Delhi [India], October 14 (ANI): The Central government on Thursday has directed the states to ensure that the prices of Edible Oils are brought down to commensurate levels in line with the import duty reductions.
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