Customs Duties
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India Is Not A "Tariff King": US Claims vs Reality
US President Donald Trump has labelled India as the "Tariff King" and an "abuser" of trade duties, suggesting the country unfairly protects its markets through high customs duties.
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Luxury Car Fraud: Hyderabad Dealer Arrested In Rs 100 Crore Scam
The list of imported cars in the fraud includes a Rolls-Royce, Cadillac Escalade, Hummer EV, Lincoln Navigator, and others.
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30 High-End Vehicles, Multi-Crore Scam: Hyderabad Luxury Car Dealer Arrested
Preliminary investigation revealed that the luxury vehicles were sourced from countries such as the United States and Japan.
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America's Bourbon Whiskey Gets Sweet Deal As India Slashes Tariffs From 150% To 50%
America's popular bourbon whiskey, known for its hint of sweetness, has got a sweet deal in India. Customs duty on such whiskey makers has been slashed by as much as 66.6 per cent.
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Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
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Customs Benefit To Tesla, Harley To Counter Trump Tariff? N Sitharaman Says...
Finance Minister Nirmala Sitharaman said the Centre has introduced custom duty rationalisation to ensure the Indian economy becomes aatmanirbhar (self-reliant).
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Scrapping Custom Duty On Lithium-Ion Battery To Boost EV Manufacturing
The scrapping of basic customs duty on the import of lithium-ion battery scrap and capital goods - or the machinery used to manufacture lithium-ion batteries - will strengthen the domestic battery storage ecosystem, the industry said on Saturday.
-
Cancer Drugs To Get Cheaper In N Sitharaman's Big Budget Announcement
Finance Minister Nirmala Sitharaman announced Saturday that 36 lifesaving drugs and medicines, particularly for cancer patients and those suffering from rare diseases, will be fully exempt from basic customs duty(BCD).
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Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
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Budget 2025: 36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Budget 2025: 36 life-saving drugs have been fully exempted from basic customs duty, Union Finance Minister Nirmala Sitharaman announced on Saturday.
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India May Cut Duties On Some Goods From US, Day After Trump's Tariffs Jab
India may cut customs duties on a few high-end goods - such as a special kind of steel, expensive motorcycles, and electronic items - imported from the United States, sources told NDTV Wednesday.
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Indian Man Gets 30-Month Jail In US For Customs Duty Evasion On Jewellery
An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed
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"This Would Be Biggest Trade War": Canada Warns US Amid Trump Threats
Americans will be hit by a "Trump tariffs tax" if the US president-elect increases customs duties on Canadian products, the Canadian foreign minister said Friday, pledging a hard-hitting response in any trade war.
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Customs Department Imposes Fine On IndiGo, Airline To Take Legal Measures
Leading airline IndiGo on Wednesday said the customs department has imposed a fine of little over Rs 25 lakh on the company in relation to duty on jet fuel.
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Trump's 'America First' Agenda May Lead To Tighter H-1B Visa Rules: Experts
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts.
-
India Is Not A "Tariff King": US Claims vs Reality
US President Donald Trump has labelled India as the "Tariff King" and an "abuser" of trade duties, suggesting the country unfairly protects its markets through high customs duties.
-
Luxury Car Fraud: Hyderabad Dealer Arrested In Rs 100 Crore Scam
The list of imported cars in the fraud includes a Rolls-Royce, Cadillac Escalade, Hummer EV, Lincoln Navigator, and others.
-
30 High-End Vehicles, Multi-Crore Scam: Hyderabad Luxury Car Dealer Arrested
Preliminary investigation revealed that the luxury vehicles were sourced from countries such as the United States and Japan.
-
America's Bourbon Whiskey Gets Sweet Deal As India Slashes Tariffs From 150% To 50%
America's popular bourbon whiskey, known for its hint of sweetness, has got a sweet deal in India. Customs duty on such whiskey makers has been slashed by as much as 66.6 per cent.
-
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
-
Customs Benefit To Tesla, Harley To Counter Trump Tariff? N Sitharaman Says...
Finance Minister Nirmala Sitharaman said the Centre has introduced custom duty rationalisation to ensure the Indian economy becomes aatmanirbhar (self-reliant).
-
Scrapping Custom Duty On Lithium-Ion Battery To Boost EV Manufacturing
The scrapping of basic customs duty on the import of lithium-ion battery scrap and capital goods - or the machinery used to manufacture lithium-ion batteries - will strengthen the domestic battery storage ecosystem, the industry said on Saturday.
-
Cancer Drugs To Get Cheaper In N Sitharaman's Big Budget Announcement
Finance Minister Nirmala Sitharaman announced Saturday that 36 lifesaving drugs and medicines, particularly for cancer patients and those suffering from rare diseases, will be fully exempt from basic customs duty(BCD).
-
Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
-
Budget 2025: 36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Budget 2025: 36 life-saving drugs have been fully exempted from basic customs duty, Union Finance Minister Nirmala Sitharaman announced on Saturday.
-
India May Cut Duties On Some Goods From US, Day After Trump's Tariffs Jab
India may cut customs duties on a few high-end goods - such as a special kind of steel, expensive motorcycles, and electronic items - imported from the United States, sources told NDTV Wednesday.
-
Indian Man Gets 30-Month Jail In US For Customs Duty Evasion On Jewellery
An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed
-
"This Would Be Biggest Trade War": Canada Warns US Amid Trump Threats
Americans will be hit by a "Trump tariffs tax" if the US president-elect increases customs duties on Canadian products, the Canadian foreign minister said Friday, pledging a hard-hitting response in any trade war.
-
Customs Department Imposes Fine On IndiGo, Airline To Take Legal Measures
Leading airline IndiGo on Wednesday said the customs department has imposed a fine of little over Rs 25 lakh on the company in relation to duty on jet fuel.
-
Trump's 'America First' Agenda May Lead To Tighter H-1B Visa Rules: Experts
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts.
