May 13, 2026
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CBIC reviews safeguard duty on steel imports amid tariff cuts

February 14, 2025 Customs, Export - Import, Trade, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) is assessing the possibility of imposing safeguard duties on steel imports. This move aims to shield the domestic steel industry from the

India to cut tariffs on 30 products including luxury cars and bikes, before PM Modi’s US trip

February 10, 2025 Trending News, Business, Customs, Finance, Global Trade, Import, Trade
NEW DELHI : India is set to review import tariffs on over 30 items including luxury cars and solar cells, potentially leading to higher imports from the United States, a senior finance ministry official

Budget 2025: Customs duty cut on several products to boost domestic manufacturing

February 4, 2025 Customs, Economy, Finance, Trade, Trending News
NEW DELHI : Union Finance Minister Smt Nirmala Sitharaman announced a host of changes in basic customs duty (BCD) for several products on Saturday while presenting the first full Union Budget of Prime Minister Shri Narendra

Customs Duty cuts in certain areas to benefit American exports : GTRI

February 4, 2025 Customs, EXPORT, Finance, Global Trade, Trending News
NEW DELHI : The Customs Duty reduction announced in the Budget on products such as motorcycles and synthetic flavouring essences would benefit American exports, economic think tank GTRI said on Sunday. The Global Trade

ACB Gujarat arrests Customs Inspector of ICD Khodiyar and 2 others in bribe case

February 3, 2025 Customs, Economy, Finance, Trade, Trending News
GANDHINAGAR : In a successful operation, the Anti-Corruption Bureau (ACB) of Gujarat has apprehended a Customs Inspector and two associates for allegedly accepting a bribe of Rs. 2,32,000. The accused have been identified as

Hydroponic ganja worth Rs 23.5 crore seized by Customs at Chennai Airport

January 31, 2025 Airports, Customs, Global Trade, Trade, Trending News
CHENNAI : Customs officials at Chennai Airport seized hydroponic ganja worth Rs 23.5 crore on Wednesday. According to a Thanthi TV report, three people including a woman, were arrested for smuggling the ganja from Thailand.

DGFT launches enhanced eCoO 2.0 system with provisions for back-to-back certificates of origin

January 28, 2025 Customs, DGFT, Finance, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 System, a significant upgrade designed to simplify the certification process for exporters and enhance trade

IMO launches Regional Presence Office for the MENA region in Alexandria, Egypt

January 22, 2025 Maritime, Organisation, Shipping Line, Trade, Trending News
ALEXANDRIA : The International Maritime Organization (IMO) has launched its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region during a ceremony held in the historic maritime city of Alexandria,

Shipbuilders hopeful for Customs Duty exemption extension in upcoming Budget

January 17, 2025 Customs, Economy, Finance, Ship Building, Shipyards, Trade, Trending News
NEW DELHI : Indian shipbuilders are facing uncertainty as the Customs Duty exemption on the import of raw materials, machinery, and equipment used in ship construction is set to expire on March 31.“The withdrawal

2nd WCO Symposium on “Removing counterfeits from E-Commerce” generates strong interest

January 17, 2025 Customs, COMMERCE, Global Trade, Trade, Trending News
BRUSSELS : On 15 January 2025, the World Customs Organization (WCO) held its 2nd Symposium on “Removing counterfeits from E-commerce”. This event was aimed at discussing issues arising from substandard, counterfeit and falsified medicines and
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