TagsCustoms Duty

Tag: Customs Duty

Govt waives Customs Duty on some electronics, smartphone parts

NEW DELHI : India has scrapped import duties on ​some parts used to make ‌mobile phones and other electronic devices, removing the current 7.5%...

Govt extends Customs Duty waiver on import of key petrochemical products till July 15

NEW DELHI : The Government on Tuesday extended nil customs duty on import of critical petrochemical products by 15 days till July 15 to...

Govt of India may extend import duty exemption on 40 petrochemical products beyond June 30

NEW DELHI : The Government is likely to decide soon on whether to extend the import duty exemption on around 40 critical petrochemical products...

Indian Govt temporarily waives off Customs Duty on cotton imports from June 1 to October 31

NEW DELHI : The Government has temporarily exempted customs duties on cotton imports from the first of next month to 31st October this year. The...

Government notifies Conditional Concessional Customs Duty for SEZ to Domestic Tariff Area sales to boost manufacturing capacity

NEW DELHI : In line with the Budget announcement 2026, conditional Customs Duty concessions have been notified on clearance of goods manufactured in Special...

Customs Duty on electronic goods increased to 20 per cent : Finance Ministry

NEW DELHI : In a decisive move to solidify India's position as a global electronics hub and to promote domestic manufacturing of electronic goods,...

Govt may reduce number of customs duty slabs in Budget 2026

NEW DELHI : The Centre is reportedly considering reducing the number of customs duty slabs to five or six as part of efforts to...

Union Budget 2026 readies Next-Gen customs overhaul

NEW DELHI : Customs duty reform is shaping up to be the next major structural clean-up on the Government’s reform agenda, with the upcoming...

Simplification of customs will be next big reform, says Finance Minister

NEW DELHI: Ahead of Budget 2026, Finance Minister Smt. Nirmala Sitharaman on Saturday (December 6, 2025) said the simplification of customs would be the...

FinMin amends rules governing customs & excise settlement commission ; existing officers to vacate posts with compensation

NEW DELHI : The Ministry of Finance has notified amendments to the rules governing the Customs and Central Excise Settlement Commission, mandating that all...

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