Customs Duty

Rediff.com » News » Customs Duty

News for Customs Duty

News
Business
Sports

Govt cuts customs duty on 3 cancer drugs

The government on Tuesday proposed to fully exempt three cancer medicines from customs duties. The government proposes to cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab......

India suspends postal services to US amid new customs rules

Postal services to the United States have been temporarily suspended, as US-bound air carriers have denied carrying shipments due to a lack of clarity in new norms issued by the American customs......

Centre waives off customs duty on oxygen, vaccines

The government on Saturday waived customs duty on the import of COVID vaccines as well as medical grade oxygen and related equipment as the nation battled its worst health crisis with a 'tsunami'......

India to resume postal services to US from Oct 15

India Post will resume international postal services of all categories to the US from October 15, according to an official statement issued on Tuesday. IMAGE: Kindly note that this image has been......

DGCA issues show-cause notice to IndiGo CEO over flight disruptions

The Directorate General of Civil Aviation has formally issued a show-cause notice to IndiGo’s chief executive officer Pieter Elbers — holding the airline accountable for large-scale operational......

Customs duty exemption on lithium, cobalt to aid growth of EV sector

The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric......

Customs duty cut on silver likely to give Centre breather for now

The steep cut in Customs duty on silver in the FY25 Budget to 6 per cent from 15 per cent may provide the government temporary relief by checking the spurt in silver imports from the United Arab......

No Customs duty on newsprint

The government has announced Customs duty exemptions for the newspaper and magazine publishing industry, which has been hit by the current economic slowdown. In a notification, the finance ministry......

Chemical industry cheers custom duty revision

Chemical firms give a thumbs up to the Budget on customs duty revision will help them save more Budget provisions The following announcements have been proposed in the Union budget......

Custom duty collections to top target

"Customs duty collection is likely to cross the budgetary estimate this year despite lowering of the peak rate. Barringexternal factors... economy will continue to grow at a high rate and......

Swiss Count On Federer To Escape US Tariff Bombshell!

Switzerland has been left stunned by the 39 percent import levy - among the highest of any applied under Trump's global trade reset, which went into effect last week. IMAGE: Switzerland government......

High on confidence, Akash Deep keyed on for India duty

'...when they feel that they need me for any format, they would summon. My job is to perform and be ready for call ups.' IMAGE: Akash Deep took a five-wicket haul to help India beat England in the......