Thursday, Mar 28, 2024 | Last Update : 10:28 PM IST

customs duty

Edible oil duties slashed to curb prices

The government has reduced the basic customs duty and agricultural cess on certain edible oils till March 31, 2022 to soften prices

14 Oct 2021 1:27 AM

High-end iPhones to cost more, as Apple passes on hiked customs duty to buyers

iPhone 11 Pro,11 Pro Max as well as mid-range iPhone 8 series now cost more but iPhone XR and iPhone 7 prices remain unchanged

02 Mar 2020 7:55 PM

TV makers hail scrapping of duty on open cell panel, mfg cost to go down by 3 pc

The announcement has come just ahead of the festive season sales and would positively impact the sales of LED TV panels.

18 Sep 2019 1:46 PM

FinMin asks commerce ministry to assess revenue impact of proposed RCEP

India is looking for a balanced trade agreement, as it would cover 40 per cent of the global gross domestic product.

08 Aug 2019 3:03 PM

Budget 2019: Govt hikes customs duty on stainless steel items, alloy steel

The current customs duty on stainless steel products is 5 per cent.

05 Jul 2019 5:32 PM

ADVERTISEMENT

Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

05 Jul 2019 2:26 PM

customs duty, wheat, wheat imports, minimum support price, MSP

The government wants to restrict overseas purchase so that domestic prices of wheat do not come under pressure.

28 Apr 2019 3:18 PM

Govt notifies phased import duty hike on electric PV parts, lithium-ion cells

Basic import duty on battery packs used in manufacturing EV will also be increased to 15 pc from the current 5 pc from April 2021.

12 Mar 2019 8:57 AM

India again defers duty hike on US products till January 31

According to a notification by the finance ministry, the implementation of the duty hike has been postponed until January 31, 2019.

18 Dec 2018 2:41 PM

Reliance Industries becomes India's largest tax payer in private sector

RIL's consolidated net profit for the fourth-quarter of fiscal 2017-18 stood at Rs 9,435 crore.

05 Jul 2018 3:47 PM

ADVERTISEMENT

Arrest warrant issued against Nirav Modi in customs evasion case

The warrant was issued under Section 70 of the Code of Criminal Procedure Act, 1973.

25 Jun 2018 11:25 AM

India proposes retaliatory tariffs on 30 products from United States

India expects around USD 238.09 million of duty to be collected through the measure imposed on the US.

16 Jun 2018 3:05 PM

World's biggest beer maker AB InBev expects 'normal' growth in India

Though India offers great opportunity to expand the market, higher customs duty has been a bane.

10 Jun 2018 12:36 PM

Govt hikes customs duty on wheat to 30 pc to curb cheaper imports

Government's third advance estimate has pegged wheat output at a record 98.61 million tonnes for the 2017-18 crop year.

24 May 2018 12:04 PM

BMW expects 50 pc of sales in India to come from X series SUVs

It is looking at double-digit growth for the full year despite challenges of price hike due to increase in customs duty.

22 Apr 2018 2:14 PM

ADVERTISEMENT

Audi India expects flat growth in 2018

Audi India slipped to the third position in terms of market share after gaining the number one spot in 2015.

20 Apr 2018 5:16 PM

Audi to hike car prices by up to Rs 9 lakh from April

Price across the entire model range will be increased by up to 4 per cent owing to the hike in the customs duty.

16 Mar 2018 1:36 PM

Govt raises customs duty on some electronic items including TV

Customs duty on television set has been increased to 15 per cent from the existing 10 per cent.

15 Dec 2017 12:33 PM

Banks to pay 3 per cent IGST on gold imports: CBEC

GST is payable at the rate of 3 per cent of the total transaction value of jewellery.

21 Aug 2017 4:16 PM

Gold imports from S Korea to touch 25 tonnes in July-Aug

The 10 per cent import duty on gold does not apply to countries that have signed FTA with India.

14 Aug 2017 4:28 PM

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT