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Latest Articles in imports

Govt Extends Free Imports Of Tur, Urad Till Dec 31

The import consignments of these items with Bill of Lading issued on or before December 31, 2021, would not be allowed by Customs beyond January 31, 2022.

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India’s Exports Up 45% To $33.14 Billion In August; Trade Deficit Widens To $13.87 Billion

Exports during April-August 2021 grew by 66.92 percent to USD 163.67 billion, the data showed. Imports during April-August this fiscal rose by 81.75 percent to USD 219.54 billion.

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API Imports Stood At Rs 28,529 Cr, Exports At Rs 32,856 Cr In FY21: Mandaviya

The Department of Pharmaceuticals is implementing three schemes for promoting domestic manufacturing of APIs to ensure their sustainable domestic supply and make India Atma Nirbhar

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India Terminates Probe Against Japan On Certain Type Of PVC Resin Imports

The application was filed under the India-Japan free trade pact, officially dubbed as the Comprehensive Economic Partnership Agreement.

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Govt Removes Import Restrictions On Refined Palm Oil Till December

Domestic edible oil prices have more than doubled in the past year. India meets about two-thirds of its edible oil demand through imports.

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'Right Time' To Fully Extract Coal Resources To Ramp Up Investments, Develop Backward Regions: Govt

India still imports substantial amount of coal, both coking and non-coking, thereby spending precious foreign exchange, he said.

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CAI Lowers Cotton Production Estimate For 2020-21 To 356 Lakh Bales

The cotton output estimate for the central zone has been reduced by 1 lakh bales to 194 lakh bales from 195 lakh bales estimated during the last month following a reduction of 1 lakh bales in the crop estimate for Gujarat

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Sign FTA With UK To Counter China’s Might

Trade deal with UK will bring substantial opportunities for India in services sector like IT and research & development and in merchandise trade for sectors like garments, gems & jewellery, pharmaceuticals, footwear and chemicals to name a few.

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Palm Oil Imports Surge To 7,01,795 Ton In April: SEA

Malaysia's share in export of CPO has increased to 19.5 lakh tonne from 5.01 lakh tonne, while Indonesia's share reduced to 16.9 lakh tonne from 23.1 lakh tonne during the same period of previous year.

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Govt Permits Import Of Oxygen Concentrators Bought Through Post, Courier For Personal Use

Oxygen concentrators were not mentioned in the list. Now it has been added on account of its high demand due to COVID-19 cases.

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Govt Bans Import Of Mosquito Killer Racket If Price Below Rs 121

'Import policy of mosquito killer racket....is revised from 'free' to 'prohibited' if CIF (cost, insurance, freight) value is below Rs 121 per racket

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Exports Reviving, May Be In Positive Territory In FY22: Comm Secy

The country's exports to China in 2019-20 were at USD 16.6 billion and USD 21.2 billion in 2020-21. Imports from China were worth USD 65 billion in 2019-20 while the numbers were roughly the same for 2020-21.

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India Likely To Waive Customs Duty On COVID-19 Vaccine Imports

The government presently levies 10 per cent customs or import duty plus a 16.5 per cent I-GST and social welfare surcharge on vaccines coming from overseas

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Exports Rise To USD 13.72 Bn During Apr 1-14: Commerce Ministry Data

Exports have surged by 60.29 per cent to USD 34.45 billion in March, even as the outbound shipments contracted by 7.26 per cent during the full 2020-21 fiscal to USD 290.63 billion.

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India's Exports During March 1-14 Up 17 % At USD 14 Bn

Imports during the period increased 27.77 per cent to USD 22.24 billion, leaving a trade deficit of USD 8.02 billion, the data showed.

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