Zero duty imports from Nepal become major concern for Darjeeling’s tea and edible oil industry
Zero duty imports from Nepal below the South Asian Free Trade Area (SAFTA) settlement have emerged as a major concern for Darjeeling’s tea and edible oil industry. Darjeeling’s tea industry, which is a major
China’s Ocean Imports Grow At Fastest Pace In Decades
SHANGHAI : China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases
Allcargo, ECU Worldwide bring 6,000 oxygen cylinders from China on Delhi Govt’s request
MUMBAI : Over the last two weeks, responding to requests from the Delhi state government, and its subsidiary ECU Worldwide have set up an emergency response team to arrange charter aircraft, mobilise customs at origin and
Concessional import duty rules simplified: CBIC
NEW DELHI : Businesses have been given more flexibility in using machines and materials imported at concessional duty for export production, said an official statement from the Central Board of Indirect Taxes and Customs
Sustained growth in North America East Cost import volumes
LOS ANGELES : North America East Coast laden container imports in the first quarter of 2021 grew by 22.3% year-on-year, according to a Sea-Intelligence report. Growth was also seen over pre-pandemic levels, with Q1
Indian oil refiners cut output, imports as pandemic hits demand
NEW DELHI : India’s top state oil refiners are reducing processing runs and crude imports as the surging COVID-19 pandemic has cut fuel consumption. India’s top oil refiners are reducing processing runs and crude
India to import UK apples and pears in new trade link-up
British apple and pear growers can soon export to India for the first time under a trade partnership announced this week. The agreement is not as comprehensive as a free trade deal, such as
IGST exempted on imports of specified COVID-19 relief material donated from abroad
NEW DELHI : In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a