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Customs Duty
India  /  Published 08.04.20

Rapid income tax refunds

The Centre on Wednesday decided to immediately release tax and duty refunds worth Rs 18,000 crore — a move designed to shovel money to income taxpayers and businesses that have been fretting over lo...
By R. Suryamurthy in Calcutta

West Bengal  /  Published 09.02.20

Toy traders meet Sitharaman

A number of toy traders from Burrabazar on Sunday met Union finance minister Nirmala Sitharaman and raised the issue of a 200 per cent increase in customs duty for imported toys.The traders shut down ...
By Our Special Correspondent in Calcutta

West Bengal  /  Published 08.02.20

Toy traders down shutters

Toy traders in the city shut down their shops on Saturday to protest the centre’s decision to raise the duty on imported toys by 200 per cent. The rise is being introduced to support local manufactu...
By Subhajoy Roy in Calcutta

Business  /  Published 07.02.20

Limited duty hike impact

The customs duty hike announced in the budget is likely to impact only two per cent of the imports, a senior commerce ministry official has said.According to the official, the impact of the duty hike ...
By R. Suryamurthy in New Delhi

Business  /  Published 01.02.20

Duty shield for MSMEs

In a move to boost domestic industry, the government has increased the customs duty on certain products including toys, mobile phone parts, electric vehicles, medical devices, furniture and kitchen wa...
By R. Suryamurthy in New Delhi

India  /  Published 27.07.19

Call to scrap customs duty on newsprint

The Indian Newspaper Society appealed to the Centre on Saturday to withdraw the 10 per cent customs duty imposed on newsprint, the uncoated paper used for printing newspapers and the lightweight coate...
By Our Special Correspondent in New Delhi

India  /  Published 06.07.19

Union Budget: Tax relief on e-vehicle buy

In a move to promote green transportation, the budget has proposed to provide additional income tax deduction of Rs 1.5 lakh on the interest paid on loans taken to purchase electric vehicles. Further,...
By Our Special Correspondent in New Delhi

India  /  Published 05.07.19

Customs duty blow to print media

The budget on Friday introduced a 10 per cent customs duty on newsprint — both the uncoated paper used for printing newspapers and the lightweight coated paper used in magazines.The 10 per cent basi...
By Our Special Correspondent in New Delhi

West Bengal  /  Published 04.04.19

Calcutta High Court asks Abhishek wife to meet customs

Calcutta High Court on Thursday asked Trinamul MP Abhishek Banerjee’s wife Rujira Narula to appear before a customs officer on April 8 and reply to queries over some documents after her return from ...
By Our Legal Reporter in Calcutta

Business  /  Published 30.03.19

US duty hike delay

The government has again extended its deadline to impose retaliatory customs duties on 29 US products, including almond, walnut and pulses, till May 2. A notification of the finance ministry said impl...
By TT Bureau in New Delhi


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