MUMBAI : The Finance Ministry has notified changes to the IGST Act exempting payment of 5% integrated GST under reverse charge mechanism on ‘ocean freight’ on imports by CIF (Cost, Insurance and Freight) contract,
NEW DELHI : Steel Authority of India (SAIL) is expecting four ships of coking coal from Russia in the September quarter, each with a capacity of 75,000 tonnes, Chairman Amarendu Prakash told reporters on
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has opened the window for registration of companies seeking to import IT hardware such as laptops and tablets, with a one-week target for approval of an application. As
NEW DELHI : The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1. The Finance Ministry has notified changes to the
TUTICORIN : The V O Chidambaranar (VOC) Port, located in Tamil Nadu has made history by becoming the first port in India to handle green ammonia. V O Chidambaranar Port Authority, a state-owned entity
NEW DELHI : Eyeing a massive surge in local sourcing of components for laptops and servers at around $20 billion over the next four years against the $1 billion procurement now, the government is set to
NEW DELHI : Amid the ongoing tension between India and Canada, the government so far is “comfortable” as far as Masur Dal (red lentils) is concerned as nearly lakh tonnes of it has arrived at Indian
NEW DELHI : The government on Friday informed IT hardware players that the process of import authorisation for laptops, tablet, servers etc. will be completely online and has sought data of the past three
NEW DELHI : Imports of Chinese goods could dwindle, posing problems for Indian industry, amid a surge in quality control orders (QCO) by the Indian government and compounded by uncertainty over when Chinese officials
NEW DELHI : Indian customs authorities have held back about 800 containers of imported heavy melting scrap (HMS) at key ports to ascertain the country of origin. The authorities said the consignments had been held on the