President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

CBIC Chairman Sanjay Kumar Agarwal announced that changes in customs duty rates and shifts to AIDC will have minimal ...

The government of India has simplified basic customs duty rates by reducing the number of levies to eight. While the ...

Importers are to pay more as the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at ...

This amendment, enacted under the Customs Act, 1962, in conjunction with Section 124 of the Finance Act, 2021, aims to align ...

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply ...

Finance Minister Nirmala Sitharaman removed seven tariff rates in the 2025-26 Budget. This is over and above the seven tariff ...

To promote development of domestic MROs for aircraft and ships, the July 2024 Budget extended the time limit for export of foreign origin goods that were imported for repairs, from 6 months to one ...

Experts note that fine print of what constitutes reciprocal tariffs needs to be understood, and could include aspects beyond ...

Agrawal highlighted that the recent Budget focused on four key areas: supporting domestic manufacturing and value addition, ...

Lithium-ion battery and electronics manufacturing received a much-needed push with the Budget exempting 35 capital goods for ...

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65% to 10.66% and sends a positive signal to India’s trading ...