Union Budget 2024-25: Reforms in Customs Duties will support domestic manufacturing and promote export competitiveness-FM
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 of the general public and consumers
Govt recovers Rs 852 crore under amnesty scheme for exporters
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 production has netted the government Rs
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 Customs Duty (BCD) of 10% and
Budget 2023-24 : Import, export & current deficits
NEW DELHI : Budget 2023-24 shows that custom duties have been reduced for some important inputs to reduce costs of production of goods while the same has been increased on some others to correct
Customs Duty review will continue : Sanjay Malhotra
NEW DELHI : The government will continue to review customs duty rates with the twin aims of promoting local manufacturing and exports, Revenue Secretary Mr. Sanjay Malhotra said in an interview. The centre’s revenue
Cut In Customs Duty, Support To MSMEs In Budget To Help Boost Manufacturing, Exports: Exporters
NEW DELHI : The announcements for tweaking customs duties in certain sectors and measures to support MSMEs will help in boosting domestic manufacturing and the country’s outbound shipments, exporters said on Thursday. Increase in