customs duties

As per the 2015-20 trade policy, whose provisions were extended till March 31 this year, import of gifts was free in case of goods that are otherwise freely importable under India’s foreign trade classification norms. Any other imports…

<!-- -->Medical Technology Industry urged the government to reduce customs duties. (Represnetational)New Delhi: Ahead of the Budget, Medical Technology Association of India (MTaI) on Wednesday urged the government to reduce customs…

Commerce secretary BVR Subrahmanyam on Wednesday said that there is a fair amount of understanding between the commerce and industry ministry, and finance ministry that duty cuts help exports. Budget 2022-23 has reduced customs duties on…

The government is likely to rejig customs duties on components or sub-parts of consumer electronics and mobile phones in the upcoming Union budget, two people familiar with the development said.The changes aim to encourage local…