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Latest Articles in import duty

Govt Reduces Import Duty And Cess On Domestic LPG

The decision will see the import duty and the Agriculture and Infrastructure cess on LPG imported by private companies reduced from 15 per cent to zero

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High Import Duty On Capital Goods May Risk India's Potential As Global Manufacturing Hub

Vietnam, one of India's closest competitors in the ongoing supply chain reshuffling, has a much more favourable tariff profile for importing capital goods

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Govt Exempts Import Duty On Drugs Used For The Treatment Of Rare Diseases

The rare diseases that are listed under the National Policy for Rare Diseases 2021 will be considered

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FinMin Pegs US Dollar Value At Rs 79.90 For Computing Import Duty

As regards euro, the conversion rate for calculating taxes on imported goods has been fixed at Rs 82.15 as compared to Rs 83.10 on June 16, it said

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Import Duty Removal On Cotton May Help Bring Down Prices: Textile Secy

In India, cotton crops get affected because of unseasonal rains, and in the US, there were drought-like conditions

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Import Duty Removal On Cotton May Help Bring Down Prices: Textile Secy

In India, cotton crops get affected because of unseasonal rains, and in the US, there were drought-like conditions

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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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