Union Budget 2023 : Import duty on toys hikes to 70%
NEW DELHI : The government on Wednesday increased the import duty on toys and its components to 70 per cent with a view to cut inbound shipments of
Gujarat High Court needs Govt’s reply for FOB basis taxing on imports
AHMEDABAD : The Gujarat High Court has issued notice to the Centre seeking its response by February 1 on the incidence of double taxation faced by imports carried
New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fine
Companies in UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value of Dh10,000 and above
Indian diamond traders hit by Rupee risks amid Russia supply woes
NEW DELHI : In spite of the efforts made by Indian diamond traders to secure more uncut product from Russia and allay an export slump in the world’s biggest polishing hub are
India to discontinue import of crude soybean oil from April 2023 : DGFT
NEW DELHI : Indian Government has decided to discontinue import of crude soybean oil under tariff rate quota (TRQ) from April 1 this year, an official said on Wednesday. TRQ
Anti-dumping duty slapped on silica import from China
NEW DELHI : India has imposed anti-dumping duty on untreated fumed silica, used in the production of pharmaceuticals, cosmetics, dyes and food additives, for five years to offset the impact
Commerce Ministry shares list of items with ministries to cut imports
NEW DELHI : The Commerce Ministry has shared a list of as many as 102 products whose imports are high and are increasing consistently such as coking coal, certain machinery, some chemicals,
FSSAI tightens norms for global firms bringing food products into India
NEW DELHI : Meenakshi Verma Ambwani To ensure import of safe food products, the FSSAI has notified a new regulatory framework for foreign facilities that bring food items to
MSC to showcase latest services and solutions at World’s largest Import-Themed Expo
GENEVA : MSC is going to exhibit at the 4th China International Import Expo (CIIE) from 5 to 10 November 2021, showcasing its latest services and industry expertise
US import rates poised for rebound as congestion worsens
All-inclusive container shipping rates from North Asia to North America are increasingly likely to rebound in November as port congestion and supply chain gridlock countered other bearish indicators.
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