NEW DELHI : The Ministry of Finance has notified amendments to the rules governing the Customs and Central Excise Settlement Commission, mandating that all existing members, including the
NEW DELHI : In a recent case, the Bombay High Court allowed anticipatory Bail in case of Rs 44 Cr of Customs Duty evasion involving undervalued walnut imports.
NEW DELHI : The Government’s decision to increase the drawback rate on select gold and silver article will help moderate the impact of the proposed US tariff and
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
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
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
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
NEW DELHI : The Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest
NEW DELHI : The one-time amnesty scheme for exporters who failed to meet obligations that they had agreed upon while availing duty-free imports of inputs and machinery for
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