New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fines
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 by the UAE Ministry of Foreign
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 being hampered by currency risks. Supplies
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 is a quota for a volume
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 on domestic industry from dumped imports
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, and digital cameras to different ministries to look
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 India. Under the regulations, foreign food
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 with a focus on its intermodal and
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. The October downturn in trans-Pacific eastbound