Import Duty
Business  /  Published 20.01.19

Gold duty cut on agenda

The interim budget could cut the import duty on gold by half to about 5 per cent as the softening of crude prices and lower imports of the yellow metal have reduced the worries over the current accoun...
By R. Suryamurthy in New Delhi

Business  /  Published 26.01.20

Import duty hike on agenda

India plans to increase import duties on more than 50 items, including electronics, electrical goods, chemicals and handicrafts, targeting about $56 billion worth of imports from China and elsewhere, ...
By Reuters in New Delhi

Opinion  /  Published 04.02.20

Eyes wide shut

We have received the government’s view of the economy in the past week, which is understandably rosy. It did not mention another view, which was made public just before Washington closed down for Ch...
By Ashok V. Desai

World  /  Published 04.07.19

US drags India to WTO over duty hike

The US on Thursday dragged India to the World Trade Organisation (WTO) by filing a complaint against New Delhi’s move to increase custom duties on 28 American goods, alleging that the decision is in...
By PTI in New Delhi

Business  /  Published 14.10.18

Pause on import duty hikes

The government may not go for another round of import duty hikes on any more items and could take other measures to contain the impact of the rupee’s slide on the current account deficit (CAD), an o...
By PTI in New Delhi


Business  /  Published 19.01.20

Trump trip plan spurs trade talks

India and the US could sign a limited trade deal, which will lower duties on apples, almonds, high-end mobiles among other items, during the proposed visit of US President Donald Trump to the country ...
By R. Suryamurthy in New Delhi

Business  /  Published 06.02.19

Steel import curb on way

By Jayanta Roy Chowdhury in New Delhi

Business  /  Published 13.01.20

Call for gold import duty cut

The commerce ministry has sought a reduction in import duty on gold in the forthcoming budget to push exports and manufacturing in the gems and jewellery sector, a source said. In its budget proposals...
By PTI in New Delhi

Business  /  Published 12.01.20

Lopsided levies stunt industry

The Union budget will try to address the problem of inverted duty structure, where the duty on inputs is higher than the duty on finished goods, creating a situation where local production is discoura...
By R. Suryamurthy in New Delhi

Business  /  Published 19.10.18

India imposes penal duty on Chinese steel

In an attempt to protect the domestic steel industry , the government has imposed anti-dumping duties of up to $185.51 per tonne for five years on certain varieties of Chinese steel.The revenue depart...
By Our Special Correspondent in New Delhi


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