In its pre-Budget recommendation to the government, the Aluminium Association of India (AAI) suggested raising import duty on ...

Last week, industry unions and tax experts had met the revenue secretary to submit their proposals pertaining to tweaks ...

The policy will prioritize local NEV manufacturing, decrease fossil fuel dependency, and lower greenhouse gas emissions. Key ...

5.2 The impugned goods are for testing of food and not for diagnostic purposes of human beings (including animals). Main ...

CESTAT Chennai held that no customs duty could be demanded on the material intended for use in the factory, however, were destroyed by fire accident. Accordingly, duty demand not sustained.

Two major contributors of customs duty remained the petroleum sector and imported vehicles during 2023-24. The Federal Board ...

The Federal Board of Revenue (FBR) reported that customs duty collection saw a strong recovery in 2023-24, showing an 18.5% ...

The Supreme Court overturned its own 2021 ruling, granting the Central Board of Indirect Taxes and Customs the authority to ...

As rice prices hit intolerable levels due to supply shortages driven by floods, political unrest, and a change in government, ...

Finance Adviser Salehuddin Ahmed expressed dissatisfaction over the stubbornly high prices of essential commodities in the ...

In October, Commerce issued its final import duties on truck and bus tires from Thailand — at rates measurably higher than ...

Yes, the customs will levy an import duty on nearly any goods or products that you try to bring into the national borders. The rate of this duty can vary from the basic 5% to 45% depending upon ...