Customs Duties In India
- All
- News
- Videos
-
India's Department Of Posts Suspends All Mail Services To US, Citing Carrier Inability
The Department of Posts (DoP) has suspended all types of postal articles, including letters, documents, and gifts, valued up to $100, to the United States.
-
India To Temporarily Stop Postal Services To US From August 25
The Department of Posts announced in a statement on Saturday that all postal services to the United States will be temporarily suspended from August 25.
-
Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
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.
-
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.
-
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
-
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.
-
iPhone 15, iPhone 14 and Other Models in India Get Price Cuts of Up to Rs. 5,900 as Import Duty Reduces
Apple has reduced the price of iPhone 15, iPhone 14 and other models in India following a reduction in the import duties. Consequently, the prices of some of Apple’s most popular models have seen a price drop from as little as Rs. 300 to as high as Rs. 5,900. The official Apple India website now reflects the revised prices.
-
Gold Prices Drop By Rs 5,000/10gm Post Budget, Bring Cheers To Investors
Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to invest in the yellow metal.
-
Why Imported Phones May Become Cheaper After Union Budget
Finance Minister Nirmala Sitharaman has slashed customs duty on mobile phones and their components, a move that could see a reduction in prices of imported handsets
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Budget 2024: What Is Cheaper, What Is Costlier?
Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market.
-
Union Budget 2024: Key Takeaways, Technology-Related Announcements Made by Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 making history as the first finance minister to present seven union budgets. The latest budget slashes the basic customs duty (BCD) on mobile phones and related components to 15 percent and makes other provisions related to the space and technology sector.
-
India's Department Of Posts Suspends All Mail Services To US, Citing Carrier Inability
The Department of Posts (DoP) has suspended all types of postal articles, including letters, documents, and gifts, valued up to $100, to the United States.
-
India To Temporarily Stop Postal Services To US From August 25
The Department of Posts announced in a statement on Saturday that all postal services to the United States will be temporarily suspended from August 25.
-
Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
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.
-
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.
-
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
-
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.
-
iPhone 15, iPhone 14 and Other Models in India Get Price Cuts of Up to Rs. 5,900 as Import Duty Reduces
Apple has reduced the price of iPhone 15, iPhone 14 and other models in India following a reduction in the import duties. Consequently, the prices of some of Apple’s most popular models have seen a price drop from as little as Rs. 300 to as high as Rs. 5,900. The official Apple India website now reflects the revised prices.
-
Gold Prices Drop By Rs 5,000/10gm Post Budget, Bring Cheers To Investors
Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to invest in the yellow metal.
-
Why Imported Phones May Become Cheaper After Union Budget
Finance Minister Nirmala Sitharaman has slashed customs duty on mobile phones and their components, a move that could see a reduction in prices of imported handsets
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Budget 2024: What Is Cheaper, What Is Costlier?
Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market.
-
Union Budget 2024: Key Takeaways, Technology-Related Announcements Made by Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 making history as the first finance minister to present seven union budgets. The latest budget slashes the basic customs duty (BCD) on mobile phones and related components to 15 percent and makes other provisions related to the space and technology sector.
