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Latest Articles in import duty

Skyrocketing Prices & Import Duty Big Concerns For Cotton Textile Value Chain: SIMA

Expressing grave concern over the issue, he urged the government to withdraw the 10 per cent import duty immediately to change the market sentiments and avoid further damage to the cotton textile value chain.

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Tesla CEO Musk Expects At Least 'Temporary Relief' For Evs In India In Terms Of Import Duty Relaxation

Tesla is already sourcing various auto components from Indian automakers and setting up base here would be economically viable for it

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Import Duty Hike On Electronic Components To Raise Production Cost In India: Ericsson

Ericsson released its annual report that projects that India is likely to have 330 million 5G subscribers by 2026, and the monthly data consumption per smartphone is expected to grow over three-fold to 40 gigabyte per smartphone.

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India To Waive Import Duty On COVID-19 Vaccines, Says Government Source

Imports of Russia's Sputnik V vaccine are due to arrive soon and the government has also urged Pfizer, Moderna and Johnson and Johnson to sell their products to India.

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India Cuts Basic Import Duty On Edible Oils

The government has proposed 17.5% cess on CPO and 20% cess on crude soybean and sunflower oil

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Import Duty On TV Component To Make Local Industry Uncompetitive, Expensive: CEAMA

The statement came against the background of the reimposition of 5 per cent customs duty on the import of open-cell for TVs from October 1.

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Toy Retailers Decry Hike In Import Duty

The United Toys Association says there has been 500 per cent hike in import duty on toys in the past two years and more than five lakh workers face the risk of losing their jobs.

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Domestic Poultry Under Crisis If Govt Reduces Import Duty On Chicken Legs From USA

This sector generates direct employment to over 2 million small and marginal farmers in the interior rural villages and indirectly to over 5 million rural households.

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India Considers Raising Import Duty On Steel To Support Rupee

In the three months to end-June, India became a net steel importer for the first time in two years, with foreign supplies reaching 2.1 million tonnes, up 15 percent from a year earlier, as per official data

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In The Wake Of Import Duty Hike, Xiaomi Increases Redmi Note 5 Pro, Mi LED TV 4 Prices

The prices of Redmi Note 5 Pro (4GB RAM) and Mi TV 4 have been increased by Rs 1,000 and Rs 5,000, respectively, with effect from Tuesday (1 May).

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Budget 2018: Industry Leaders React To Import Duty Increase on Mobile Phones

Experts feel that the move to increase duty from 15% to 20% aims to promote local manufacturing of mobile phones in India.

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Sugar Import Duty Hiked To 50% To Support Domestic Prices

The food ministry had proposed increase in import duty on the grounds that fall in local prices will affect millers' capacity to pay cane dues to growers.

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Mobile Operators Face 10% Customs Duty On 4G Equipment Import

The Central Board of Excise and Customs (CBEC) has instructed field formations that 4G equipment import will be subject to basic Customs duty and assessment orders be passed accordingly.

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Govt Considering Reimposing Import Duty On Wheat, Says Consumer Affairs Minister Ram Vilas Paswan

The government is considering bringing back import duty on wheat to protect farmers' interest after a bumper domestic crop, Food and Consumer Affairs Minister Ram Vilas Paswan said

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India To Levy Duty On Cold-Rolled Steel Products

The Directorate General of Anti Dumping recommended a tax of up to $594 a tonne on steel products from China, Japan, South Korea and Ukraine

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