Import Duties
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US Auto Tariffs, Applicable From April 2, Will Be Around 25%: Donald Trump
President Donald Trump said Tuesday that US tariffs on imported cars would be around 25 percent, providing new information on duties he is expected to unveil around April 2.
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America's Bourbon Whiskey Gets Sweet Deal As India Slashes Tariffs From 150% To 50%
America's popular bourbon whiskey, known for its hint of sweetness, has got a sweet deal in India. Customs duty on such whiskey makers has been slashed by as much as 66.6 per cent.
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China Announces Measures Against Google, Other US Firms as Trade Tensions Escalate
Beijing slapped tariffs on US products such as coal, oil and some autos in a rapid response to the new duties on Chinese goods imposed by US President Donald Trump, escalating trade tensions between the world's two biggest economies.
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Amid Trump's Tariff Spree, India Vows To Avoid Protectionist Signals On Trade
India does not want to give any signal that it is protectionist, the top bureaucrat in the finance ministry said, after slashing import duties on high-end motorcycles, amid US President Donald Trump's moves on tariffs.
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Govt Cuts Import Duties On High Capacity Bikes; Harley Davidson Bikes To Get Cheaper?
The reduction in import duties on high-capacity motorcycles is expected to benefit brands like Harley Davidson in the Indian market.
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Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
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Scrapping Custom Duty On Lithium-Ion Battery To Boost EV Manufacturing
The scrapping of basic customs duty on the import of lithium-ion battery scrap and capital goods - or the machinery used to manufacture lithium-ion batteries - will strengthen the domestic battery storage ecosystem, the industry said on Saturday.
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Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
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India May Cut Duties On Some Goods From US, Day After Trump's Tariffs Jab
India may cut customs duties on a few high-end goods - such as a special kind of steel, expensive motorcycles, and electronic items - imported from the United States, sources told NDTV Wednesday.
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Indian Man Gets 30-Month Jail In US For Customs Duty Evasion On Jewellery
An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed
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China Vows To Protect "National Interest" Against Trump's 10% Tariff Threat
China on Wednesday responded to US President Donald Trump's tariff threats and Beijing was ready to "national interests" in the trade war. Mr Trump has warned he could impose a 10 per cent duty on imports from China by the end of next week.
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Trump Says EU "In For Tariffs", Warns Of 10% Rate On China
US President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as February 1.
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Budget May Increase Import Duties To Check Rupee Decline: EY Chief Policy Adviser
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava.
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Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore.
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Tax Storm For Volkswagen India, $1.4 Billion Evasion Notice Issued: Details
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser
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US Auto Tariffs, Applicable From April 2, Will Be Around 25%: Donald Trump
President Donald Trump said Tuesday that US tariffs on imported cars would be around 25 percent, providing new information on duties he is expected to unveil around April 2.
-
America's Bourbon Whiskey Gets Sweet Deal As India Slashes Tariffs From 150% To 50%
America's popular bourbon whiskey, known for its hint of sweetness, has got a sweet deal in India. Customs duty on such whiskey makers has been slashed by as much as 66.6 per cent.
-
China Announces Measures Against Google, Other US Firms as Trade Tensions Escalate
Beijing slapped tariffs on US products such as coal, oil and some autos in a rapid response to the new duties on Chinese goods imposed by US President Donald Trump, escalating trade tensions between the world's two biggest economies.
-
Amid Trump's Tariff Spree, India Vows To Avoid Protectionist Signals On Trade
India does not want to give any signal that it is protectionist, the top bureaucrat in the finance ministry said, after slashing import duties on high-end motorcycles, amid US President Donald Trump's moves on tariffs.
-
Govt Cuts Import Duties On High Capacity Bikes; Harley Davidson Bikes To Get Cheaper?
The reduction in import duties on high-capacity motorcycles is expected to benefit brands like Harley Davidson in the Indian market.
-
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
-
Scrapping Custom Duty On Lithium-Ion Battery To Boost EV Manufacturing
The scrapping of basic customs duty on the import of lithium-ion battery scrap and capital goods - or the machinery used to manufacture lithium-ion batteries - will strengthen the domestic battery storage ecosystem, the industry said on Saturday.
-
Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
-
India May Cut Duties On Some Goods From US, Day After Trump's Tariffs Jab
India may cut customs duties on a few high-end goods - such as a special kind of steel, expensive motorcycles, and electronic items - imported from the United States, sources told NDTV Wednesday.
-
Indian Man Gets 30-Month Jail In US For Customs Duty Evasion On Jewellery
An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed
-
China Vows To Protect "National Interest" Against Trump's 10% Tariff Threat
China on Wednesday responded to US President Donald Trump's tariff threats and Beijing was ready to "national interests" in the trade war. Mr Trump has warned he could impose a 10 per cent duty on imports from China by the end of next week.
-
Trump Says EU "In For Tariffs", Warns Of 10% Rate On China
US President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as February 1.
-
Budget May Increase Import Duties To Check Rupee Decline: EY Chief Policy Adviser
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava.
-
Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore.
-
Tax Storm For Volkswagen India, $1.4 Billion Evasion Notice Issued: Details
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser
