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Rupee payments for Iran oil exempted from local taxes

In order to facilitate purchase of crude oil from Iran, the Finance Ministry has issued a notification exempting payments made in Indian rupee for such imports from any local tax. The......

Budget exempts Iranian oil payments from Income Tax

Clearing the way for oil refiners to pay Iran in Indian rupee, the Union Budget has exempted the payments made for crude oil purchased from the Persian Gulf nation, from any local tax. Iran had in......

$5-bn unpaid bills: No Iran oil for Indian refineries!

In signs that Iran is serious about shutting off crude oil supplies to India over unpaid bills, the Islamic Republic has not allocated any volumes for supply to any of the Indian refiners for......

India may use Dubai or Turkey for payments to Iran

After Germany's refusal to route its payments to Iran, India is exploring using Dubai or Turkey based banks as conduit for paying for crude oil it imports from the Gulf nation."We are exploring if......

India looks at other banks for oil payment to Iran

Jolted by Germany's refusal to route its payments to Iran, India is exploring using Dubai or Turkey based banks as conduit for paying for crude oil it imports from the Persian Gulf nation."We are......
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India skips Iran oil imports in March under US pressure

India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to US pressure to keep its shipments... ...

http://www.mydigitalfc.com/petroleum/india-skips-iran-oil-imports-march-under-us-pressure-929
World's Largest Oil Expo cippe to Open March 26-28 in Beijing

China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe) will be held in March in Beijing. The event has attracted... ...

http://businesswireindia.com/news/news-details/worlds-largest-oil-expo-cippe-open-march-26-28-beijing/43152
Creative transactions key to Indo-Iran trade

Despite the economic sanctions that the world powers (P5+1) have imposed on Iran and the fact that Indo-Iran relations have seen their fair share... ...

http://www.financialexpress.com/article/fe-columnist/creative-transactions-key-to-indo-iran-trade/49650/

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