India increases import duty on gold and silver findings, coins of precious metals to 15%
NEW DELHI : The Finance Ministry has increased import duties on gold and silver findings, as well as coins of precious metals, to 15%. This comprises a Basic
India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to
Govt should not cut import duties on parts used in making smartphones : GTRI
NEW DELHI : The government should not cut import duties on electronic components used in making smartphones in the forthcoming Budget as the current tariff structure has already
No import restrictions on certain IT products like desktop computers : DGFT
NEW DELHI : The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the
Switzerland’s decision to eliminate import duties limits FTA utility for India’
NEW DELHI : Switzerland’s policy to allow tariff-free entry for all industrial goods from all countries significantly limits India’s prospects of gains from India and the European Free
Jaishankar advocates support for ‘Make in India’ as cheap imports from China ‘inva
NEW DELHI : External Affairs Minister S Jaishankar has stressed the need for increased utilisation of locally manufactured products by Indian consumers, especially as cheap and highly subsidised
High import duties; resisting pressure to open agri sector imp to ensure India’s food security
NEW DELHI : Maintaining high import duties on sensitive agri commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving
No restrictions on Tur, Urad dal imports till March 2025: Govt
NEW DELHI : In a bid to boost domestic supply and maintain stable prices, the government has announced that there will be no restrictions on the import of tur and urad
Paper industry to continue to prosper as the country grows economically: Piyush Goyal
NEW DELHI : Union Minister of Commerce & Industry Shri Piyush Goyal said that the paper industry will continue to prosper as the country grows economically. While addressing the
CBIC enabled the Gold Imports under India-UAE CEPA for valid TRQ Holders
NEW DELHI : The CBIC has issued Notification No. 66/2023 dated December 22, 2023, amending Notification No. 22/2022-Customs dated April 30, 2022. This amendment specifically pertains to facilitating gold imports