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Customs Duty

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Gold imports hit 13-year low

The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.  With the government giving a push to digital transactions......

Litigation that brings a bad name to country

 Owner of brand name to pay sales tax; Insurance company can't change stand; Customs duty outside octroi net; Award on music rights set aside; Confidentiality clause can't restrict trade. Some......

Non ferrous metals: Import duties on aluminum, zinc raised

Budget Provisions Import duty up on Aluminium Custom duty on primary aluminium increased from 5% to 7.5% while Basic Customs Duty on Other aluminium products increased from 7.5% to 10%. Increase......

Budget focuses on Modi's key initiatives

Customs and excise duty rates have been amended mainly to promote Make in India.  Image: Make in India gets a boost. Photograph: Rajesh Karkera/Rediff.com     INDIRECT TAXES While......

Budget: Small taxpayers are big gainers

Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.    In a major step towards tax simplification,......
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Govt bans export of gold items above 22-carat purity

The government has banned exports of gold jewellery, medallions and other articles above 22- carat purity in a bid to check round tripping of the... ...

http://www.deccanherald.com/content/628326/govt-bans-export-gold-items.html
Britain's proposals for post-Brexit customs agreement with EU

LONDON (Reuters) - Britain sought to push forward talks with the European Union on Tuesday, setting out proposals for a temporary post-Brexit... ...

http://www.sify.com/finance/factbox-britains-proposals-for-post-brexit-customs-agreement-with-eu-news-others-riptdnbhjhdfi.html
PRECIOUS-Gold inches lower as N.Korea tensions ease

BENGALURU, Aug 15 (Reuters) - Gold edged lower early onTuesday, weighed down by a steady U.S. dollar and firmer Asianstocks as geopolitical... ...

http://www.sify.com/finance/precious-gold-inches-lower-as-nkorea-tensions-ease-news-others-ripgtQegfahga.html
India to import 25 tonnes gold from South Korea, avoiding duty, industry officials say

PANAJI, India (Reuters) - Indian traders are likely to import 25 tonnes of gold from South Korea in July and August, taking advantage of a recent... ...

http://www.business-standard.com/article/reuters/india-to-import-25-tonnes-gold-from-south-korea-avoiding-duty-industry-officials-say-117081400694_1.html
Customs checks fail to curb duty free import of gold coins from South Korea

Already 12-13 tons of gold is understood to have arrived so far from Korea since July ...

http://www.business-standard.com/article/economy-policy/customs-checks-fail-to-curb-duty-free-import-of-gold-coins-from-south-korea-117081400637_1.html

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