Import Duty Concessions
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Budget 2023: Extend Camera Lens Duty Concession to Other Electronic Segments ELCINA Says
Electronic components industry body ELCINA on Thursday asked the government to extend the duty concession on camera lenses and their components to all other electronic product segments that use camera modules. The government has also reduced customs duty on parts of open cells of TV panels from 5 percent to 2.5 percent.
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No Concession On Bulk Scotch Imports Duty Please, Urges Industry Body
Alcoholic beverage industry body CIABC on Thursday urged the government not to allow concessional customs duty on scotch imported in bulk under the proposed India-UK Free Trade Agreement (FTA).
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Textiles Minister Seeks Early Resolution On Cotton Import Duty Waiver
Union Minister Piyush Goyal has directed authorities to "finalise the matter early", as regards to the extension of cotton import duty waiver
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Aaditya Thackeray Champions Tesla's Cause, Writes To FM Nirmala Sitharaman
Aditya Thackeray has written a letter to the finance minister Nirmala Sitaraman suggesting changes for import duties on EVs.
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Trump Says He Wants "Reciprocal Tax" On India To Match Export Tariffs
US President Donald Trump on Saturday said India was a "very high tariff nation" and he wanted to charge "a reciprocal tax" to match the heavy duties that New Delhi applied on products imported from the US.
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India Hits Back With Tariffs On 30 US Products, Including Premium Bikes
India has decided to suspend concessions on 30 products originating from the United States.
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Government Reluctant To Give Special Tax Incentives To Apple
Apple has sought tax concessions, including lower import and manufacturing duties, to make iPhones locally, according to a government official familiar with the situation.
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Bhopal Farmers Hit Hard After Centre Scraps Import Duty On Wheat
38-year-old farmer Deenu Yadav, who lives some 40 kms from state capital Bhopal, is uncertain whether the wheat crop he's growing will fetch him good price now that the centre has scrapped import duty on the grain. The government says the decision was taken to reduce domestic prices and denies there's a shortage.
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Medical Device Makers Seek Duty Sops in Budget
Medical device manufacturers have sought import duty concessions in the upcoming Budget to be unveiled by Finance Minister Arun Jaitley on February 28.
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Budget 2013: Rs 5,000 crore plan outlay for Air India
Duty concessions on import of spare parts and testing equipment for aircraft MRO industry were granted in the Union budget today, as the government proposed to provide a plan outlay of Rs 5,000 crore in Air India in the next financial year.
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Patel hints at import duty concessions on luxury cars from EU
Minister of Heavy Industries and Public Enterprises Praful Patel today hinted at his ministry's willingness to accept cutting duties on luxury cars imported from Europe as part of India-EU Free Trade Agreement. The minister said such a move would be to safeguard India's interest of small car exports to Europe.
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Budget 2023: Extend Camera Lens Duty Concession to Other Electronic Segments ELCINA Says
Electronic components industry body ELCINA on Thursday asked the government to extend the duty concession on camera lenses and their components to all other electronic product segments that use camera modules. The government has also reduced customs duty on parts of open cells of TV panels from 5 percent to 2.5 percent.
-
No Concession On Bulk Scotch Imports Duty Please, Urges Industry Body
Alcoholic beverage industry body CIABC on Thursday urged the government not to allow concessional customs duty on scotch imported in bulk under the proposed India-UK Free Trade Agreement (FTA).
-
Textiles Minister Seeks Early Resolution On Cotton Import Duty Waiver
Union Minister Piyush Goyal has directed authorities to "finalise the matter early", as regards to the extension of cotton import duty waiver
-
Aaditya Thackeray Champions Tesla's Cause, Writes To FM Nirmala Sitharaman
Aditya Thackeray has written a letter to the finance minister Nirmala Sitaraman suggesting changes for import duties on EVs.
-
Trump Says He Wants "Reciprocal Tax" On India To Match Export Tariffs
US President Donald Trump on Saturday said India was a "very high tariff nation" and he wanted to charge "a reciprocal tax" to match the heavy duties that New Delhi applied on products imported from the US.
-
India Hits Back With Tariffs On 30 US Products, Including Premium Bikes
India has decided to suspend concessions on 30 products originating from the United States.
-
Government Reluctant To Give Special Tax Incentives To Apple
Apple has sought tax concessions, including lower import and manufacturing duties, to make iPhones locally, according to a government official familiar with the situation.
-
Bhopal Farmers Hit Hard After Centre Scraps Import Duty On Wheat
38-year-old farmer Deenu Yadav, who lives some 40 kms from state capital Bhopal, is uncertain whether the wheat crop he's growing will fetch him good price now that the centre has scrapped import duty on the grain. The government says the decision was taken to reduce domestic prices and denies there's a shortage.
-
Medical Device Makers Seek Duty Sops in Budget
Medical device manufacturers have sought import duty concessions in the upcoming Budget to be unveiled by Finance Minister Arun Jaitley on February 28.
-
Budget 2013: Rs 5,000 crore plan outlay for Air India
Duty concessions on import of spare parts and testing equipment for aircraft MRO industry were granted in the Union budget today, as the government proposed to provide a plan outlay of Rs 5,000 crore in Air India in the next financial year.
-
Patel hints at import duty concessions on luxury cars from EU
Minister of Heavy Industries and Public Enterprises Praful Patel today hinted at his ministry's willingness to accept cutting duties on luxury cars imported from Europe as part of India-EU Free Trade Agreement. The minister said such a move would be to safeguard India's interest of small car exports to Europe.
