custom duty

Last Updated: February 07, 2023, 11:46 ISTThe official cleared that the investors will not be adversely affected by the move.In 2021, the central government considered overhauling the tax by merging two of the tax rates and reducing the…

The government's decision to remove import duty from the camera lens and its components will benefit mobile phone manufacturers in India, and it should be extended to all other electronic product segments that use camera modules, electronic…

<!-- -->Metal stocks have been on a freefall and steel behemoths have been under tremendous pressure.History may be repeating. If 2008 was something to go by, then the steel sector could be in for a world of pain.Amid a market…

Looking to give a leg up to domestic manufacturing, the budget has rolled back several exemptions and concessions of customs duties on import of goods that are also being manufactured in India. "More than 350 exemption entries are proposed…

NEW DELHI: The Directorate of Revenue Intelligence (DRI) has issued three show cause notices to Xiaomi Technology India Private for “demand and recovery of customs duty” amounting to Rs 653 crore between April 1, 2017 and June 30, 2020. In…

Aluminium Association of India has also requested an increase in tariff rate of basic custom duty for aluminium and articles from 10 to 15%. The domestic aluminium industry has sought reduction in basic custom duty and correction in…