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Latest Articles in import duties

India Raises Tariffs On Imports, Taxes For The Super Rich As It Seeks Growth

Sitharaman raised import duties on gold and other precious metals to 12.5% from 10%, and levied an import tax of one rupee per tonne on crude oil to boost federal revenue just as global oil prices have softened from their highs.

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50 Indian Items Face Heat As US Revokes Duty-Free Privileges On Import Of 90 Products

As of November 1, these products "will no longer qualify for duty-free preferences under the GSP programme but may continue to be imported subject to regular Most Favored Nation duty-rates," an official of US Trade Representative told media sources

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Sensex, Nifty Turn Choppy On F&O Expiry & Weak Asian Cues

BSE Sensex and Nifty turned volatile in early trade today amid investors turning cautious ahead of September futures and options expiry today and weak asian cues after US Fed raised interest rates for the third time this year

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Rupee Strengthens By 22 Paise Against Dollar In Early Trade

After the government raised import duties yesterday to arrest rupee fall, the Indian currency continued to recover and strengthened by another 22 paise to 72.38 against dollar in early trade today

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China To Cut Import Tariffs On Soybean, Other Products From India, Asia-Pacific Nations

Imported products such as chemicals, agricultural products, medical supplies, clothing, steel and aluminium products from these countries will also enjoy certain tariff reductions

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Exports Up 12.36% In December; Trade Deficit Widens To 3-Year High

Imports too surged significantly to $41.91 billion, up 21.12 per cent, on increased inbound shipments of crude oil and gold

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India Considers Reinstating 25 Per Cent Wheat Import Tax

India, the world's second-biggest wheat producer, lowered the import tax on the grain to 10 percent from 25 percent in September 2016 and scrapped the duty on Dec. 8 last year

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India Seen Facing Tight Wheat Supply As Ukrainian Shipments Delayed

The government on Thursday scrapped its 10 per cent import duty on wheat after droughts in the past two years depleted stocks and raised prices

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India Scraps Wheat Import Duty, Purchases May Hit Decade High

Traders say output in the last two crop years has fallen well below the peak of 2013/2014, reducing stocks to the lowest level in nearly a decade and inflating domestic prices

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Steel Companies Gain As India Imposes Minimum Import Price

China and Japan are exporting large quantities of steel to India to tide over their own poor demand due to slowing economies and over-capacity

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Slow Chinese Gold Demand Ahead Of Holiday, India Discounts Widen

In India, discounts widen to their greatest in three months amid a rally in prices and expectations of a reduction in import duty

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