Govt exempts 5% integrated GST on ocean freight imports from October 1
NEW DELHI : The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1. The Finance
Exports rise 18.8% to $20 billion so far in November this year
NEW DELHI : India’s exports rose 18.8 per cent to USD 20.01 billion during the three week period of this month (November 1-21), due to healthy growth in
Dalian Port customs restrict reefer imports following Covid outbreak
Hapag-Lloyd is advising customers to divert inbound reefers to other ports or return reefer containers to origin ports due to a restriction concerning frozen meat and seafood products into the
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
DP World face ire over new system of clearing import boxes at Cochin Port
KOCHI : Container freight stations (CFS) and export-import (EXIM) trade in Cochin Port have opposed a new system of clearing import containers introduced by DP World at its
Govt reduces basic customs duty on imports of masur dal to zero
NEW DELHI : The government on Monday reduced the basic customs duty on imports of masur dal to zero and halved the Agriculture Infrastructure Development Cess on the lentil to
Supply-Chain Backlogs Turn Chicago Into New Chokepoint
CHICAGO : Some railroads have restricted container shipments into the key Midwestern freight hub as bottlenecks from a flood of container imports stretch inland from the West Coast
India diversifies its crude procurement; First shipment from Guyana arrives next month
NEW DELHI : Next month, India is set to receive its first shipment of one million barrels of Liza Crude Oil from Guyana. This is the first purchase
FinMin extends anti-dumping duty on Chinese ‘PVC Flex Film’ imports
NEW DELHI : The Finance Ministry has extended the validity of the existing anti-dumping duty on ‘PVC Flex Film’ imports from China till January 31 next year. The
Govt cuts import duty on crude palm oil to 10%
NEW DELHI : The government on Tuesday reduced import duty on crude palm oil to 10 per cent, and other palm oils to 37.5 per cent till September